India Fund director Rahn purchases 1,000 shares at $17.97; stock at -14.5% from 52-week high
Porter Rahn K, a director of India Fund, Inc., purchased 1,000 shares (1.0K shares) at $17.97 on 2024-07-10, establishing an initial position. The stock is currently trading at $17.97 and sits -14.5% from its 52-week high of $21.02, suggesting a purchase made during a period of relative weakness over the longer term, though up 1.3% over the prior 30 days. The transaction value totaled $17,970.00. This represents Rahn's third open-market purchase across his trading history. Given the modest share count, the initial entry into the position, and the absence of any significant material catalyst context, the transaction appears routine for a director-level stake-building activity.