Ashoka India Equity Investment (LON:AIE – Get Free Report) posted its earnings results on Wednesday. The company reported GBX 75 earnings per share for the quarter, Digital Look Earnings reports. Ashoka India Equity Investment had a negative net margin of 157.18% and a negative return on equity of 6.24%.
Ashoka India Equity Investment Stock Up 0.4%
Shares of AIE stock traded up GBX 1 during mid-day trading on Friday, hitting GBX 241.50. 348,348 shares of the stock were exchanged, compared to its average volume of 566,705. Ashoka India Equity Investment has a 52-week low of GBX 214.50 and a 52-week high of GBX 286.50. The company has a market cap of £408.90 million, a PE ratio of -9.44 and a beta of 0.16. The firm has a fifty day moving average of GBX 252.14 and a 200 day moving average of GBX 244.56.
Insiders Place Their Bets
In other Ashoka India Equity Investment news, insider Sarah MacAulay purchased 42,000 shares of the stock in a transaction on Monday, August 3rd. The shares were bought at an average price of GBX 258 per share, for a total transaction of £108,360. Insiders own 0.30% of the company’s stock.
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
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