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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Abrdn New India Investment Trust Plc | LSE:ANII | London | Ordinary Share | GB0006048770 | ORD 25P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 12.00 | 1.47% | 830.00 | 56,357 | 16:35:06 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 822.00 | 828.00 | 828.00 | 824.00 | 824.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Trust,ex Ed,religious,charty | 111.71M | 91.02M | 1.5651 | 5.29 | 475.73M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 17:08:26 | O | 15,000 | 827.6937 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 13/12/2024 | 17:25 | UK RNS | abrdn New India Investment Trust Transaction in Own Shares |
| 13/12/2024 | 12:16 | UK RNS | abrdn New India Investment Trust Net Asset Value(s) |
| 12/12/2024 | 17:17 | UK RNS | abrdn New India Investment Trust Transaction in Own Shares |
| 12/12/2024 | 12:04 | UK RNS | abrdn New India Investment Trust Net Asset Value(s) |
| 11/12/2024 | 17:23 | UK RNS | abrdn New India Investment Trust Portfolio Disclosures |
| 11/12/2024 | 17:17 | UK RNS | abrdn New India Investment Trust Transaction in Own Shares |
| 11/12/2024 | 12:34 | UK RNS | abrdn New India Investment Trust Net Asset Value(s) |
| 10/12/2024 | 17:26 | UK RNS | abrdn New India Investment Trust Transaction in Own Shares |
| 10/12/2024 | 11:56 | UK RNS | abrdn New India Investment Trust Net Asset Value(s) |
| 10/12/2024 | 10:31 | UK RNS | abrdn New India Investment Trust Doc re. Half Yearly Report |
Abrdn New India Investment (ANII) Share Charts1 Year Abrdn New India Investment Chart |
|
1 Month Abrdn New India Investment Chart |
Intraday Abrdn New India Investment Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 21/9/2024 | 11:11 | Aberdeen New India Investment Trust | 47 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-12-13 17:41:36 | 827.69 | 15,000 | 124,154.06 | O |
| 2024-12-13 17:08:26 | 830.00 | 5,379 | 44,645.70 | O |
| 2024-12-13 16:35:06 | 830.00 | 6,292 | 52,223.60 | UT |
| 2024-12-13 16:02:24 | 826.08 | 300 | 2,478.24 | O |
| 2024-12-13 15:59:31 | 826.80 | 380 | 3,141.84 | O |
| Top Posts |
|---|
Posted at 13/12/2024 08:20 by Abrdn New India Investment Daily Update Abrdn New India Investment Trust Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker ANII. The last closing price for Abrdn New India Investment was 818p.Abrdn New India Investment currently has 58,158,072 shares in issue. The market capitalisation of Abrdn New India Investment is £481,548,836. Abrdn New India Investment has a price to earnings ratio (PE ratio) of 5.29. This morning ANII shares opened at 824p |
Posted at 04/5/2024 15:03 by bigboyblue Interesting. I hold a few here, but more in IGC. The share price in IGC is effectively supported by the biannual redemption facility. The most recent opportunity to redeem was at 3% below NAV, in December last year. Prior to the introduction of the redemption policy the discount was normally over 20%. Not so now and I imagine ANII holders would benefit from a merger, if the policy were to be retained. |
Posted at 23/4/2024 14:40 by 18bt Ironic that ANII has outperformed IGC on a 1 year basis and ANII is still >200% return over 10 years |
Posted at 23/4/2024 14:38 by 18bt Citywire today:23 Apr, 2024 Martin Gilbert-linked India trust seeks Abrdn fund merger India Capital Growth, whose Ocean Dial fund manager is part of Aberdeen Asset Management founder Martin Gilbert’s new group, has made merger approaches to Abrdn New India. Abrdn New India (ANII) is under pressure to become the fifth Abrdn trust to merge in the past 13 months as rivals circle the serial underperformer. India Capital Growth (IGC), a £159m better-performing mid-cap fund, is understood to have made several approaches to Abrdn New India this year about combining with the £439m listed large-cap fund. A source with knowledge of the situation said that JP Morgan, whose £814m Indian (JII) investment trust is the sector’s largest but worst-performing fund, had also shown interest in a combination with New India, which marks its 20th anniversary this year. However, New India may also be looking at a merger with another JPM trust. New India, chaired by Michael Hughes, the former Barclays Capital and BZW stockbroker, has not responded to Elisabeth Scott (pictured above), the chair of India Capital Growth. It is said to prefer a merger with stablemate Abrdn Asia Focus (AAS), a £486m smaller companies fund run by Hugh Young until last year. If it were to happen, a merger with India Capital Growth would put the assets of New India back within the fold of Martin Gilbert, the co-founder of Aberdeen Asset Management in 1982 who established the company as a leading investment trust provider and oversaw the launch of the single country fund in 2004. Since stepping down as chief executive of Aberdeen following its 2017 merger with Standard Life, Gilbert (pictured below) has led fund management consolidator AssetCo (ASTO). Last year it bought India Capital Growth’s investment adviser Ocean Dial Asset Management, putting it within the River and Mercantile business that Gilbert bought in 2022, which has recently rebranded as River Global. Abrdn declined to comment specifically on New India but said: ‘In these volatile markets with a dearth of IPO activity, it is no surprise to see approaches across the investment company sector. Boards are often approached informally but we can’t comment on individual trusts and indeed the variability of market performance often means that any such thoughts quickly change.’ Corporate activity between investment companies has shot up in the past 18 months as boards respond to shareholder dissatisfaction at a sector-wide de-rating that has seen shares in many listed funds trade well below asset value. India trusts In the India sector, IGC stands on an 11% discount and ANII and JII trade on discounts of 18% and 20% below net asset value. Ashoka India Equity (AIE) is the only one of the four to trade on a premium of 4% above NAV. This reflects the £357m mid-cap fund’s superior performance. Under Prashant Khemka of White Oak Capital Management, it has returned 155% to shareholders over three years, beating IGC’s 78%, although the latter’s 10-year return of 313% under Ocean Dial’s Gaurav Narain (pictured below) is the best in the sector. JII, run by JPMorgan’s Amit Mehta and Sandip Patodia following the recent move off the trust by Ayaz Ebrahim, has returned 211% over 10 years, while ANII, managed by Kristy Fong and James Thom at Abrdn, has generated 224%. Both trail the 239% of the MSCI India index. |
Posted at 29/12/2022 09:55 by dlp6666 I noticed that a recent Moneyweek magazine considered ANII its favourite trust for India but performance looks well under-par compared to its benchmark index and certainly inferior to Ashoka Indian Equity (AIE).I know the latter does have a 30% performance fee but seems to offer superior returns. Any thoughts why ANII is preferred (apart from its big, seemingly immovable, discount!)? |
Posted at 23/4/2021 12:36 by essentialinvestor Share price is around 7% lower than my last post.May be worth a look under £4.80, 0r £4.70 type area?. No guarantees that will happen. |
Posted at 03/2/2020 16:12 by essentialinvestor Hi Joe, BRFI has been my main buy as had been monitoring that for an age,followed by SOI, ANII and AAIF. |
Posted at 19/7/2017 13:31 by uapatel Started a position in this trust now. Was in Jupiter India, but was undecided to either reduce my holdings in Jupiter or buy this due to its NAV discount. Decided to go with this fund and buy in stages. Long term investment so will look to buy more if the price drops. |
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