In a challenging economic climate, the India Fund Inc. (IFN) stock has reached its 52-week low, trading at $15.9. According to InvestingPro analysis, the fund's RSI indicates oversold territory, while maintaining a notable market capitalization of $598.48 million. This price level reflects a significant shift in performance, though the fund currently trades at an attractive P/E ratio of 3.49. What's particularly noteworthy is its impressive 23.25% dividend yield, having maintained consistent dividend payments for 15 consecutive years. InvestingPro subscribers can access additional insights and detailed dividend analysis to make more informed investment decisions. The 52-week low serves as a critical indicator for the fund's short-term trajectory and potential recovery prospects, with the stock showing a beta of 0.82, suggesting lower volatility compared to the broader market.
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