The stock of Infrastructure India PLC (LON:IIP) is a huge mover today! The stock decreased 2.27% or GBX 0.25 on November 28, hitting GBX 10.75. About 3,002 shares traded hands. Infrastructure India PLC (LON:IIP) has declined 76.58% since April 29, 2016 and is downtrending. It has underperformed by 82.59% the S&P500.
The move comes after 6 months negative chart setup for the GBX 73.13 million company. It was reported on Nov, 28 by Barchart.com. We have GBX 10.11 PT which if reached, will make LON:IIP worth GBX 4.39 million less.
More news for Infrastructure India PLC (LON:IIP) were recently published by: Bloomberg.com, which released: “May Flies to India to Prepare for Trade Deal After Brexit” on November 06, 2016. Bloomberg.com‘s article titled: “Realtor Becomes Wildcatter in India’s Oil Hunt” and published on November 23, 2016 is yet another important article.
Infrastructure India plc is a closed-ended investment company. The company has a market cap of 73.13 million GBP. The Company’s investment objective is to provide shareholders with both capital growth and income by investing in assets in the Indian infrastructure sector, with particular focus on assets and projects related to energy and transport. It currently has negative earnings.
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