NYSE:IFNThe India Fund Stock Price, Forecast & News

$15.16

+0.38 (+2.57 %)

(As of 06/1/2020 09:59 AM ET)

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Today's Range

$15.16

Now: $15.16▼

$15.16

50-Day Range

$13.69

MA: $14.10▼

$14.60

52-Week Range

$11.13

Now: $15.16▼

$22.14

Volume386 shs

Average Volume144,277 shs

Market Capitalization$407.96 million

P/E RatioN/A

Dividend Yield15.63%

Beta0.82

The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.

Beat the Market (BTM) Rank^™

0.0 Analyst's Opinion

Consensus Rating
There is not enough analysis data for The India Fund.

2.5 Community Rank

Outperform Votes
The India Fund has received 142 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The India Fund has received 141 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The India Fund has received 50.18% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The India Fund and other stocks. Vote “Outperform” if you believe IFN will outperform the S&P 500 over the long term. Vote “Underperform” if you believe IFN will underperform the S&P 500 over the long term. You may vote once every thirty days.

1.7 Dividend Strength

Dividend Leadership
The India Fund is a leading dividend payer. It pays a dividend yield of 15.63%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
The India Fund does not have a long track record of dividend growth.

0.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The India Fund insiders have not sold or bought any company stock.
Percentage Held by Institutions
Only 20.83% of the stock of The India Fund is held by institutions.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

0.83 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Investment offices, not elsewhere classified

Sub-IndustryN/A

SectorFinance

Current SymbolNYSE:IFN

Previous Symbol

CUSIPN/A

CIK917100

WebN/A

PhoneN/A

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

EmployeesN/A

Outstanding Shares26,910,000

Market Cap$407.96 million

Next Earnings DateN/A

OptionableOptionable

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The India Fund (NYSE:IFN) Frequently Asked Questions

How has The India Fund's stock been impacted by COVID-19 (Coronavirus)?

The India Fund's stock was trading at $16.65 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, IFN stock has decreased by 9.0% and is now trading at $15.15. View which stocks have been most impacted by Coronavirus.

How often does The India Fund pay dividends? What is the dividend yield for The India Fund?

The India Fund announced a quarterly dividend on Thursday, March 12th. Shareholders of record on Friday, March 20th will be paid a dividend of $0.57 per share on Tuesday, March 31st. This represents a $2.28 annualized dividend and a dividend yield of 15.05%. The ex-dividend date is Thursday, March 19th. View The India Fund's dividend history.

Has The India Fund been receiving favorable news coverage?

Press coverage about IFN stock has been trending extremely negative recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. The India Fund earned a news impact score of -5.0 on InfoTrie's scale. They also assigned media stories about the investment management company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutThe India Fund.

Who are some of The India Fund's key competitors?

Some companies that are related to The India Fund include PIMCO Corporate&Income Opportunity Fund (PTY), Tri-Continental (TY), Hercules Capital (HTGC), Gabelli Equity Trust (GAB), Royce Value Trust (RVT), Liberty All-Star Equity Fund (USA), Tortoise Energy Infrastructure (TYG), Boulder Growth & Income Fund (BIF), Tekla Healthcare Investors (HQH), AllianceBernstein Global Hgh Incm Fd (AWF), Blackrock Muniyield Insured Fund (MYI), Invesco Van Kampen Munpl Oprtnty Tr (VMO), General American Investors (GAM), Templeton Global Income Fund (GIM) and PIMCO High Income Fund (PHK). View all competitors.

What other stocks do shareholders of The India Fund own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The India Fund investors own include AT&T (T), General Electric (GE), Ford Motor (F), New Residential Investment (NRZ), Alpine Global Premier Properties Fund (AWP), Bank of America (BAC), Cisco Systems (CSCO), Energy Transfer LP Unit (ET), Pfizer (PFE) and Walmart (WMT).

Who are The India Fund's key executives?

The India Fund's management team includes the following people:

Mr. Alan Robin Goodson, Pres (Age 45)
Mr. Jeffrey Cotton, Chief Compliance Officer and VP of Compliance (Age 42)
Ms. Lucia Sitar Esq., Chief Legal Officer and VP (Age 48)
Ms. Gulzar Govewalla, Principal
Mr. Kevin D'Silva, Principal

What is The India Fund's stock symbol?

The India Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "IFN."

Who are The India Fund's major shareholders?

The India Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Wells Fargo & Company MN (5.26%), City of London Investment Management Co. Ltd. (4.05%), Morgan Stanley (3.72%), Morgan Stanley (3.72%), Advisor Group Holdings Inc. (1.76%) and Strs Ohio (0.78%). View institutional ownership trends for The India Fund.

Which institutional investors are selling The India Fund stock?

IFN stock was sold by a variety of institutional investors in the last quarter, including Raymond James & Associates, Wells Fargo & Company MN, Van Hulzen Asset Management LLC, UBS Group AG, CSS LLC IL, RiverNorth Capital Management LLC, Commonwealth Equity Services LLC, and Colony Group LLC. View insider buying and selling activity for The India Fund.

Which institutional investors are buying The India Fund stock?

IFN stock was bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., City of London Investment Management Co. Ltd., Strs Ohio, 6 Meridian, Morgan Stanley, Morgan Stanley, Matisse Capital, and RMB Capital Management LLC. View insider buying and selling activity for The India Fund.

How do I buy shares of The India Fund?

Shares of IFN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is The India Fund's stock price today?

One share of IFN stock can currently be purchased for approximately $15.15.

How big of a company is The India Fund?

The India Fund has a market capitalization of $407.69 million.

This page was last updated on 6/1/2020 by MarketBeat.com Staff