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

Ashoka India Equity Investment (LON:AIE) announced its quarterly earnings data on Wednesday. The company reported GBX 75 EPS for the quarter, Digital Look Earnings reports. Ashoka India Equity Investment had a negative net margin of 406.74% and a negative return on equity of 9.01%.

Ashoka India Equity Investment Trading Down 0.2%

AIE traded down GBX 0.50 during trading on Wednesday, hitting GBX 245. The company’s stock had a trading volume of 567,485 shares, compared to its average volume of 568,796. The firm has a market capitalization of £414.83 million, a price-to-earnings ratio of -9.58 and a beta of 0.16. The business’s fifty day simple moving average is GBX 252.71 and its 200 day simple moving average is GBX 244.37. Ashoka India Equity Investment has a twelve month low of GBX 214.50 and a twelve month high of GBX 286.50.

Insider Buying and Selling at Ashoka India Equity Investment

In other news, insider Sarah MacAulay purchased 42,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was purchased at an average cost of GBX 258 per share, for a total transaction of £108,360. 0.30% of the stock is currently owned by company insiders.

Ashoka India Equity Investment Company Profile

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