The latest announcement is out from Ashoka India Equity Investment Trust Plc ( (GB:AIE) ).
Ashoka India Equity Investment Trust Plc reported a positive financial performance for the six months ending December 2024, with a share price and NAV total return of 5.6% and 5.7% respectively, outperforming the MSCI India IMI index. The company continues to diversify its portfolio, allowing up to 12% exposure to unquoted companies, aiming for potentially higher returns. Despite global tensions and market volatility, the trust has shown resilience and growth, raising £23.1 million through new share issuance, reflecting investor confidence in India’s economic prospects and the company’s strategic approach.
More about Ashoka India Equity Investment Trust Plc
Ashoka India Equity Investment Trust Plc is a company focused on achieving long-term capital appreciation primarily through investments in securities listed in India and companies with significant presence in India. The company operates in the investment sector, targeting a broad range of investments from large caps to unquoted companies with plans to list on the Indian stock exchange.
YTD Price Performance: -15.67%
Average Trading Volume: 468,830
Technical Sentiment Consensus Rating: Buy
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