Since InvITs are not classic equity instruments, it’s not appropriate to look merely at the share price performance. Sure, since InvITs are not classic equity instruments, it’s not appropriate to look merely at the share price performance. According to analysts, though share price movement of both InvITs hasn’t been impressive so far, DPUs are on track. They add that India Grid Trust’s underlying business model is annuity-based, offering some amount of certainty on the revenue front. That probably explains why India Grid Trust shares have fared comparatively better.

Source: Mint March 05, 2018 02:37 UTC