Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
The latest update is out from Ashoka India Equity Investment Trust Plc ( (GB:AIE) ).
The Ashoka India Equity Investment Trust Plc has outperformed its benchmark index, issuing 38 million new shares and raising gross proceeds of approximately £100.5 million in 2024. The company has amended its investment policy to increase its permitted exposure in unquoted companies in India from 10% to 12% of gross assets, providing its Investment Adviser greater flexibility to capitalize on pre-IPO opportunities.
More about Ashoka India Equity Investment Trust Plc
Ashoka India Equity Investment Trust Plc operates in the investment sector, focusing on securities primarily listed on recognized stock exchanges in India and those of companies with a significant presence in India listed outside India. It also invests in unquoted companies, leveraging opportunities in pre-IPO investments, which have contributed significantly to its investment returns.
YTD Price Performance: 21.81%
Average Trading Volume: 434,990
Technical Sentiment Consensus Rating: Sell
See more insights into AIE stock on TipRanks’ Stock Analysis page.
