Ashoka India Equity Investment (LON:AIE) Stock Jumps 0.9% – Still a Buy?

Ashoka India Equity Investment (LON:AIE – Get Free Report)’s stock price was up 0.9% on Thursday. The company traded as high as GBX 269.50 and last traded at GBX 269.50. Approximately 279,548 shares changed hands during trading, a decline of 49% from the average daily volume of 544,449 shares. The stock had previously closed at GBX 267.

Ashoka India Equity Investment Stock Up 0.9%

The company has a market capitalization of £431.06 million, a price-to-earnings ratio of -16.31 and a beta of 0.16. The stock’s 50-day simple moving average is GBX 248.27 and its two-hundred day simple moving average is GBX 244.86.

Ashoka India Equity Investment (LON:AIE – Get Free Report) last announced its earnings results on Wednesday, October 7th. The company reported GBX 75 earnings per share (EPS) for the quarter. Ashoka India Equity Investment had a negative net margin of 157.18% and a negative return on equity of 6.24%.

About Ashoka India Equity Investment

(Get Free Report)

ASHOKA INDIA EQUITY INVESTMENT TRUST IS A HIGH CONVICTION, LONG-ONLY INVESTMENT TRUST, INVESTING MAINLY IN SECURITIES LISTED IN INDIA AND LISTED SECURITIES OF COMPANIES WITH A SIGNIFICANT PRESENCE IN INDIA

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