18th Aug 2020 14:27
Aberdeen New India Investment Trust PLC - investment company focused on India - Net asset value per share was at 411.41 pence at March 31, down from 461.00p a year prior. The company said it was a tough year, with the last three months marred by Covid-19 and the first nine months plagued by anxious investor sentiment due to government economic policies. The company's portfolio did better than the benchmark by 4.6%, according to Aberdeen New India. The company is hoping to take advantage of opportunities caused by sell-offs and downed valuations thanks to the pandemic.
Current stock price: 403.02 pence
Year-to-date change: down 14%
By Greg Roxburgh; [email protected]
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