Ashoka India Equity Investment (LON:AIE) Issues Earnings Results

Ashoka India Equity Investment (LON:AIE) posted its earnings results on Wednesday. The company reported GBX 75 EPS for the quarter, Digital Look Earnings reports. Ashoka India Equity Investment had a negative return on equity of 6.24% and a negative net margin of 157.18%.

Ashoka India Equity Investment Stock Up 1.2%

Shares of Ashoka India Equity Investment stock traded up GBX 3 on Friday, reaching GBX 243.50. The company’s stock had a trading volume of 282,983 shares, compared to its average volume of 566,370. The company has a market capitalization of £412.29 million, a P/E ratio of -9.52 and a beta of 0.16. The stock has a 50-day moving average price of GBX 252.34 and a 200-day moving average price of GBX 244.58. Ashoka India Equity Investment has a 52-week low of GBX 214.50 and a 52-week high of GBX 286.50.

Insider Transactions at Ashoka India Equity Investment

In related news, insider Sarah MacAulay purchased 42,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average price of GBX 258 per share, with a total value of £108,360. Corporate insiders own 0.30% of the company’s stock.

About Ashoka India Equity Investment

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