CapitaLand India Trust (OTCMKTS:ACNDF – Get Free Report) gapped down prior to trading on Friday. The stock had previously closed at C$0.70, but opened at C$0.65. CapitaLand India Trust shares last traded at C$0.73, with a volume of 4,038 shares trading hands.
CapitaLand India Trust Stock Up 2.9%
The company’s 50 day moving average is C$0.70 and its 200 day moving average is C$0.80.
About CapitaLand India Trust
CapitaLand India Trust (CLINT) is a Singapore-listed real estate investment trust focused on income-producing property in India. Formerly known as Ascendas India Trust, it was established in 2004 and adopted its current name in 2021. The trust invests in and manages a portfolio of business parks and other commercial properties, including industrial and logistics assets. Its properties serve businesses seeking office, technology, manufacturing, and logistics space, with rental income generated primarily through leasing.
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