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OTCMKTS:ACNDF

CapitaLand India Trust (ACNDF) Stock Price, News & Analysis

C$0.80 0.00 (0.00%)
(As of 11/19/2024 ET)

About CapitaLand India Trust Stock (OTCMKTS:ACNDF)

Key Stats

Today's Range
C$0.80
C$0.80
50-Day Range
C$0.75
C$0.88
52-Week Range
C$0.72
C$0.89
Volume
N/A
Average Volume
18,158 shs
Market Capitalization
N/A
P/E Ratio
11.59
Dividend Yield
5.93%
Price Target
N/A
Consensus Rating
N/A

Company Overview

CapitaLand India Trust (CLINT) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. CLINT may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion. As at 31 December 2023, CLINT's assets under management stand at S$3.0 billion. CLINT's portfolio includes nine world-class IT business parks, one logistics park, three industrial facilities and four data centre developments in India, with total completed floor area of 19.6 million square feet spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai. CLINT is focused on capitalising on the fast-growing IT industry and logistics/industrial asset classes in India, as well as proactively diversifying into other new economy asset class such as data centres. CLINT is structured as a business trust, offering stable income distributions similar to a real estate investment trust. CLINT focuses on enhancing shareholder value by actively managing existing properties, developing vacant land in its portfolio, and acquiring new properties. CLINT is managed by CapitaLand India Trust Management Pte. Ltd., formerly known as Ascendas Property Fund Trustee Pte. Ltd.. The trustee-manager is a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.

CapitaLand India Trust Stock Analysis - MarketRank™

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32nd Percentile Overall Score

ACNDF MarketRank™: 

CapitaLand India Trust scored higher than 32% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    There is not enough analysis data for CapitaLand India Trust.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of CapitaLand India Trust is 11.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of CapitaLand India Trust is 11.59, which means that it is trading at a less expensive P/E ratio than the Real Estate sector average P/E ratio of about 271.94.

  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    CapitaLand India Trust has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in CapitaLand India Trust has recently decreased by 59.63%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    CapitaLand India Trust is a leading dividend payer. It pays a dividend yield of 5.92%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    CapitaLand India Trust does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of CapitaLand India Trust is 68.75%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about CapitaLand India Trust's dividend.
  • Percentage of Shares Shorted

  • Short Interest Ratio / Days to Cover

    CapitaLand India Trust has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in CapitaLand India Trust has recently decreased by 59.63%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    CapitaLand India Trust has a news sentiment score of 1.26. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.38 average news sentiment score of Real Estate companies.
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ACNDF Stock News Headlines

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ACNDF Stock Analysis - Frequently Asked Questions

CapitaLand India Trust's stock was trading at C$0.83 at the beginning of the year. Since then, ACNDF stock has decreased by 3.6% and is now trading at C$0.80.
View the best growth stocks for 2024 here
.

Shares of ACNDF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Industry, Sector and Symbol

Industry
Real Estate Services
Sub-Industry
N/A
Current Symbol
OTCMKTS:ACNDF
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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This page (OTCMKTS:ACNDF) was last updated on 11/20/2024 by MarketBeat.com Staff
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