Shares of CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report) saw strong trading volume on Thursday. 50,102 shares traded hands during trading, an increase of 112% from the average daily volume of 23,657 shares. The stock last traded at C$0.69 and had previously closed at C$0.70.
CapitaLand India Trust Trading Up 4.8%
The firm has a fifty day moving average price of C$0.71 and a 200-day moving average price of C$0.81.
CapitaLand India Trust Company Profile
CapitaLand India Trust, formerly known as Ascendas India Trust, is a Singapore-listed business trust focused on owning and operating income-producing commercial properties in India. The trust is sponsored by CapitaLand Investment and invests primarily in technology parks, business parks and office assets serving multinational companies, technology firms and other corporate tenants.
Its portfolio has historically been concentrated in major Indian technology and business hubs, including Bengaluru, Chennai, Hyderabad and Pune.
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