CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report)’s share price shot up 16.7% during trading on Tuesday. The company traded as high as C$0.73 and last traded at C$0.73. Approximately 985 shares changed hands during trading, a decline of 96% from the average daily volume of 23,926 shares. The stock had previously closed at C$0.62.
CapitaLand India Trust Stock Performance
The stock’s 50-day simple moving average is C$0.70 and its 200 day simple moving average is C$0.80.
CapitaLand India Trust Company Profile
CapitaLand India Trust (CLINT) is a Singapore-listed real estate investment trust focused on income-producing property in India. Formerly known as Ascendas India Trust, it was established in 2004 and adopted its current name in 2021. The trust invests in and manages a portfolio of business parks and other commercial properties, including industrial and logistics assets. Its properties serve businesses seeking office, technology, manufacturing, and logistics space, with rental income generated primarily through leasing.
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