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abrdn New India Investment Trust (LON:ANII) Stock Price Up 0.5% - Still a Buy?

abrdn New India Investment Trust logo with Financial Services background

abrdn New India Investment Trust (LON:ANII - Get Free Report) shares traded up 0.5% during trading on Friday . The stock traded as high as GBX 824.80 ($10.25) and last traded at GBX 824 ($10.24). 57,492 shares were traded during mid-day trading, an increase of 10% from the average session volume of 52,160 shares. The stock had previously closed at GBX 820 ($10.19).

abrdn New India Investment Trust Trading Up 0.5 %

The company has a current ratio of 0.31, a quick ratio of 0.22 and a debt-to-equity ratio of 6.08. The company has a market cap of £420.08 million, a price-to-earnings ratio of 487.57 and a beta of 0.46. The firm has a 50-day moving average price of GBX 792.08 and a 200 day moving average price of GBX 796.85.

abrdn New India Investment Trust Company Profile

(Get Free Report)

Aberdeen New India Investment Trust PLC is a closed ended equity mutual fund launched and managed by Aberdeen Fund Managers Limited. It is co-managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors.

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