Share Name Share Symbol Market Type Share ISIN Share Description
New India Investment Trust LSE:NII London Ordinary Share GB0006048770 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.25p +0.59% 380.75p 379.50p 382.00p 381.50p 379.00p 379.00p 39,240 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.4 -0.6 -1.1 - 224.91

New India Investment Trust (NII) Latest News (1)

More New India Investment Trust News
New India Investment Trust Takeover Rumours

New India Investment Trust (NII) Share Charts

1 Year New India Investment Trust Chart

1 Year New India Investment Trust Chart

1 Month New India Investment Trust Chart

1 Month New India Investment Trust Chart

Intraday New India Investment Trust Chart

Intraday New India Investment Trust Chart

New India Investment Trust (NII) Discussions and Chat

New India Investment Trust Forums and Chat

Date Time Title Posts
22/8/201615:53New India Inv Trust16
22/5/201519:27New India Inv Trust94

Add a New Thread

New India Investment Trust (NII) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
30/09/2016 17:04:50381.302,0847,946.29O
30/09/2016 16:13:00380.814961,888.83O
30/09/2016 16:08:05380.101,0003,801.00O
30/09/2016 15:48:13379.15222841.71O
30/09/2016 15:12:50381.501,0033,826.45AT
View all New India Investment Trust trades in real-time

New India Investment Trust (NII) Top Chat Posts

DateSubject
30/9/2016
09:20
New India Investment Trust Daily Update: New India Investment Trust is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker NII. The last closing price for New India Investment Trust was 378.50p.
New India Investment Trust has a 4 week average price of 383.73p and a 12 week average price of 383.68p.
The 1 year high share price is 404p while the 1 year low share price is currently 276p.
There are currently 59,070,140 shares in issue and the average daily traded volume is 32,616 shares. The market capitalisation of New India Investment Trust is £224,909,558.05.
14/3/2015
19:47
hpcg: jkc147 - the discount, or premium is simply a feature of Investment Trusts. These are close ended and listed. The close ended part means that the number of units (shares) is fixed and the size of the assets managed does not vary as investors transfer ownership by trading shares. Just like other companies additional shares can be created with a secondary offering, and shares can be cancelled by company buy backs. Some ITs do buy backs as a means of managing the discount to NAV. A listed entity can have any share price irrespective of underlying asset value. Open ended vehicles such as funds the NAV of the units is the same as the value of units. Every time someone buys into a fund a new unit is created and new assets purchased. When units are sold assets also have to be sold to pay out the cash. Hargreaves Landsdown has charts which show the discount and premium variation over time. Buying at an unusually low discount and selling at a premium are ways one can get additional returns beyond the underlying performance of the trust. In my opinion the discount here is related to dollar strength and fear of "emerging markets". However India is the diametric opposite of Brazil and Russia as a resource importer rather than an exporter, and has catching up to do on China which is blowing out its infrastructure bubble. In my opinion India could be in a multi-year bull run and Aberdeen are successful managers in Asia. I expect India to become fashionable again and for the discount to close, and likely trade at a premium.
New India Investment Trust share price data is direct from the London Stock Exchange
Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:40 V: D:20161001 04:59:18