Shares of CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report) hit a new 52-week low on Friday. The stock traded as low as C$0.63 and last traded at C$0.63, with a volume of 102,235 shares traded. The stock had previously closed at C$0.65.
CapitaLand India Trust Price Performance
The business’s 50-day simple moving average is C$0.72 and its two-hundred day simple moving average is C$0.82.
About CapitaLand India Trust
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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