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In a market environment fraught with volatility, Morgan Stanley (NYSE:MS) India Investment Fund, Inc. (IIF) stock has reached a 52-week low, dipping to $22.43. According to InvestingPro data, the fund offers an impressive 11.84% dividend yield and has maintained dividend payments for 10 consecutive years. This latest price level reflects a notable downturn from its previous performance, marking a significant point of interest for investors tracking the fund's trajectory. With a P/E ratio of 3.5 and a relatively low beta of 0.64, the fund presents interesting metrics for value-focused investors. Over the past year, the fund has experienced a decline, with the 1-year change data indicating a decrease of -3.08%. This shift in value may attract investors looking for potential bargains or signal caution to those concerned about the fund's short-term prospects amidst broader economic pressures. For deeper insights and additional analysis, including 6 more exclusive ProTips, check out InvestingPro.
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