JPMorgan Indian (LON:JII - Get Free Report)'s share price hit a new 52-week high on Friday . The company traded as high as GBX 1,094 ($14.86) and last traded at GBX 1,087.50 ($14.77), with a volume of 2757 shares changing hands. The stock had previously closed at GBX 1,078 ($14.64).
JPMorgan Indian Stock Up 1.2%
The firm has a market cap of £730.47 million, a price-to-earnings ratio of 6.05 and a beta of 0.57. The business's fifty day moving average is GBX 1,006.78 and its two-hundred day moving average is GBX 1,004.51.
About JPMorgan Indian
(
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JPMorgan Indian Investment Trust plc provides expertly managed exposure to the long-term growth potential of the Indian market.
Key points:
Expertise - The largest Indian investment trust, managed by a highly-experienced team.
Portfolio - Invests in the long-term growth potential of India, boosted by a growing middle class and young population.
Results - Provides exposure to a market that can be difficult to access through a growth-orientated portfolio of Indian equities.
*Source: Association of Investment Companies, January 2019
Why invest in this trust
JPMorgan Indian Investment Trust plc was the first trust to focus purely on Indian companies.
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