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JII Jpmorgan Indian Investment Trust Plc

1,050.00
-2.00 (-0.19%)
13 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Jpmorgan Indian Investment Trust Plc LSE:JII London Ordinary Share GB0003450359 ORD 25P
  Price Change % Change Share Price Shares Traded Last Trade
  -2.00 -0.19% 1,050.00 158,433 16:27:55
Bid Price Offer Price High Price Low Price Open Price
1,050.00 1,054.00 1,058.00 1,050.00 1,054.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Mgmt Invt Offices, Open-end 21.78M 2.96M 0.0429 244.76 724.45M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:04 UT 2,247 1,050.00 GBX

Jpmorgan Indian Investment (JII) Latest News (10)

Jpmorgan Indian Investment (JII) Discussions and Chat

Jpmorgan Indian Investment Forums and Chat

Date Time Title Posts
12/9/202417:50The boom in India2,171
15/6/201508:32JII PLOP6
13/12/200315:07Late Trades2

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Jpmorgan Indian Investment (JII) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-12-13 16:35:041,050.002,24723,593.50UT
2024-12-13 16:27:551,050.0013136.50AT
2024-12-13 16:27:551,050.0081850.50AT
2024-12-13 16:23:151,052.0038399.76AT
2024-12-13 16:23:151,052.003623,808.24AT

Jpmorgan Indian Investment (JII) Top Chat Posts

Top Posts
Posted at 13/12/2024 08:20 by Jpmorgan Indian Investment Daily Update
Jpmorgan Indian Investment Trust Plc is listed in the Mgmt Invt Offices, Open-end sector of the London Stock Exchange with ticker JII. The last closing price for Jpmorgan Indian Investment was 1,052p.
Jpmorgan Indian Investment currently has 68,864,107 shares in issue. The market capitalisation of Jpmorgan Indian Investment is £723,073,124.
Jpmorgan Indian Investment has a price to earnings ratio (PE ratio) of 244.76.
This morning JII shares opened at 1,054p
Posted at 07/6/2024 09:43 by loganair
MoneyWeek - What to look for when opting for Indian funds:


We have a choice of four India investment trusts: Abrdn New India (LSE: ANII), Ashoka India Equity (LSE: AIE), India Capital Growth (LSE: IGC) and JP Morgan Indian (LSE: JII). Ashoka has the strongest record over five years, followed by India Capital Growth.

Both have comfortably beaten the market, due in part to their heavy tilt toward smaller growth companies, as well as any value that the managers have added through stock selection (Ashoka has 43% in small caps, India Capital Growth has 50%).

Both New India and JP Morgan Indian have lagged the benchmark, which reflects a greater weight in large caps, plus perhaps a more conservative approach. Certainly, New India explicitly favours large-cap, high-quality stocks, and these tend to lag when markets are as exuberant as India is now.

Therein lies the tricky decision. Valuations for small growth stocks reflect that optimism: the MSCI India Small Cap is on a trailing price/ earnings ratio of 34 – albeit with high forecast earnings growth – while the MSCI India is on 26.

The trusts that have done well on the back of the small-cap boom are very popular with investors. Ashoka trades at a near -2% premium to net asset value (NAV), while India Capital Growth is on a fairly modest 6% discount. In contrast, Abrdn and JP Morgan are on a 17% discount. If you are very bullish the obvious choice is to hold Ashoka or India Capital Growth.

However, if you fear the market is a little frothy but want to back it for the long term, you might expect one of the ETFs to hold up better during pullbacks or favour New India, with its more conservative portfolio and wider discount.
Posted at 15/9/2023 14:34 by sllab101
Does jii give a div, I didn't think did.
Posted at 15/9/2023 14:05 by robertball
Price action at yesterday close was erratic
Posted at 25/8/2023 14:10 by essentialinvestor
I hold JII and just a couple of points on some of the recent comments.

There has already been extraordinary returns over many years - look at a longer
term chart.

Also the Indian economy does not exist in a vacuum, weak China macro impacts India,
but India may also be a longer term beneficiary of Xi's regime as companies
increasingly favour India for investment and future growth.
Posted at 14/12/2022 16:50 by essentialinvestor
GBP v INR very near multi year highs which is weighing on NAV atm.


Some recent changes to the management of Jii I notice.
Posted at 31/8/2021 10:11 by loss-leader
JII seems to be doing well. I wonder if it benefits from China going out of fashion a bit? LL
Posted at 04/8/2020 23:48 by loss-leader
Maybe India as an alternative trading partner to China argument will give JII some upside LL
Posted at 07/4/2020 11:21 by essentialinvestor
ANII looks the better play imv.

JII too much cyclical exposure for me.
Posted at 13/1/2020 16:53 by sludgesurfer
I was looking to trim my holding here anyway having held for nearly six years. The discount to NAV (818p) is 9%. I've tendered all my shares, hopefully I will be able to tender them all but even if I only get 25% sold, it's a nice wee new year bounce for me.

Trustnet has this trust as 3rd quartile vs its peers over 3 and 5 years. The chairman's statement isn't exactly compelling either....

From the Chairman's note from the circular:

Investment performance and outlook
As set out in my Chairman’s statement in the 2019 Annual Report which accompanies this
document, the year to 30 September 2019 was another positive one for Indian investors, as
measured by the Company’s benchmark, the MSCI India Index (in sterling terms), which returned
+10.8 per cent. The Company outperformed the Benchmark, producing a total return on net assets
of +11.4 per cent. over the year. In addition, the Share price rose from 630.0 pence to 744.0 pence
and the discount narrowed from 14.5 per cent. at the beginning of the year to 9.3 per cent. at the
year end, resulting in a total return to Shareholders of +18.1 per cent.
Whilst underperformance in recent years means that the Company has underperformed the
Benchmark over three years by 15.4 per cent., thereby triggering the Tender Offer, it has
outperformed over five and ten years. The key factors affecting the portfolio’s performance, as well
as the Indian economy and equity market over the last financial year are set out in the investment
managers’ report on pages 9 to 11 of the 2019 Annual Report.
While there are pockets of growth and opportunity, economic growth has recently been
disappointing by historical standards, and there are no immediate signs of a cyclical recovery.
8
India retains the potential for long-term rapid growth because it has untapped human resources.
India has a relatively young population, with large numbers reaching working age each year, and it
remains a mainly rural society, with great potential for productivity gains from migration off the land.
Whether these resources can be effectively channelled into a rapidly growing economy depends on
structural reforms of a scope that have often been beyond what the Indian federal and state
governments can deliver.
Despite these challenges the investment managers see many investment opportunities ahead, with
value emerging from the bottom up and can identify new stocks – both smaller and larger
companies – to add to the portfolio.
Posted at 01/8/2017 09:54 by arja
I have just edged in with a CFD but do not follow the fortunes of the rupee against sterling . If pound gettting stronger , this will have an adverse effect on JII share price . Does anyone who has followed this have any thoughts please ?
Jpmorgan Indian Investment share price data is direct from the London Stock Exchange

Jpmorgan Indian Investment Frequently Asked Questions (FAQ)

What is the current Jpmorgan Indian Investment share price?
The current share price of Jpmorgan Indian Investment is 1050p.
How many Jpmorgan Indian Investment shares are in issue?
Jpmorgan Indian Investment has 68,864,107 shares in issue.
What is the market cap of Jpmorgan Indian Investment?
The market capitalisation of Jpmorgan Indian Investment is GBP 724.45 M.
What is the 1 year trading range for Jpmorgan Indian Investment share price?
Jpmorgan Indian Investment has traded in the range of 886.00p to 1,068.00p during the past year.
What is the PE ratio of Jpmorgan Indian Investment?
The price to earnings ratio of Jpmorgan Indian Investment is 244.76.
What is the cash to sales ratio of Jpmorgan Indian Investment?
The cash to sales ratio of Jpmorgan Indian Investment is 33.20.
What is the reporting currency for Jpmorgan Indian Investment?
Jpmorgan Indian Investment reports financial results in GBP.
What is the latest annual turnover for Jpmorgan Indian Investment?
The latest annual turnover of Jpmorgan Indian Investment is GBP 21.78M.
What is the latest annual profit for Jpmorgan Indian Investment?
The latest annual profit of Jpmorgan Indian Investment is GBP 2.96M.
What is the registered address of Jpmorgan Indian Investment?
The registered address for Jpmorgan Indian Investment is 60 VICTORIA EMBANKMENT, LONDON, EC4Y 0JP.
Which industry sector does Jpmorgan Indian Investment operate in?
Jpmorgan Indian Investment operates in the INVESTMENT TRUSTS DIV'D sector.

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