abrdn New India Investment Trust (ANII) Share Price, News & Analysis

Company Overview

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. The fund primarily invests in growth stocks of companies across all market capitalizations. It employs fundamental analysis with a focus on such factors as company visits, management, business focus, balance sheet, corporate governance, financial ratios, and business prospects to create its portfolio. The fund benchmarks the performance of its portfolio against the MSCI India Index. It was formerly known as New India Investment Trust PLC. Aberdeen New India Investment Trust PLC was formed on February 01, 1994 and is domiciled in the United Kingdom.

Key Stats

• Today's Range: 766 to 771.20
• 50-Day Range: 746 to 820
• 52-Week Range: 587.01 to 830
• Volume: 130,457 shs
• Average Volume: 74,868 shs
• Market Capitalization: £390.51 million
• P/E Ratio: 453.25
• Dividend Yield: 0.13%
• Price Target: N/A
• Consensus Rating: N/A

ANII Stock Analysis - Frequently Asked Questions

How have ANII shares performed this year?

abrdn New India Investment Trust's stock was trading at GBX 662 at the beginning of the year. Since then, ANII shares have increased by 15.7% and is now trading at GBX 766.
View the best growth stocks for 2024 here.

How do I buy shares of abrdn New India Investment Trust?

Shares of ANII stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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What other stocks do shareholders of abrdn New India Investment Trust own?

Based on aggregate information from My MarketBeat watchlists, some other companies that abrdn New India Investment Trust investors own include International Biotechnology (IBT), Greencoat UK Wind (UKW), Bloomsbury Publishing (BMY), The Biotech Growth Trust (BIOG), Bellevue Healthcare (BBH), Barclays (BARC) and Advanced Micro Devices (AMD).

Industry, Sector and Symbol

• Stock Exchange: LON
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: N/A
• Current Symbol: LON:ANII
• Previous Symbol: LON:NII
• CUSIP: N/A
• CIK: N/A
• Web: www.newindia-trust.co.uk
• Phone: 65 6395 2700
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): GBX 1.69
• Trailing P/E Ratio: 452.07
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: £91.02 million
• Net Margins: 81.48%
• Pretax Margin: N/A
• Return on Equity: 23.19%
• Return on Assets: 15.37%

Debt

• Debt-to-Equity Ratio: 6.08
• Current Ratio: 0.31
• Quick Ratio: 0.22

Sales & Book Value

• Annual Sales: £111.71 million
• Price / Sales: 3.49
• Cash Flow: GBX 13.90 per share
• Price / Cash Flow: 54.95
• Book Value: GBX 820 per share
• Price / Book: 0.93

Miscellaneous

• Outstanding Shares: 50,980,000
• Free Float: N/A
• Market Cap: £389.49 million
• Optionable: Not Optionable
• Beta: 0.46