India has officially became the most populous country in the world, overtaking China by around 1 million population in 2023! Given their huge population, it is definitely noteworthy to look at stocks with India’s exposure and we just have one on our hands: CapitaLand India Trust, (CLINT), formerly known as Ascendas India Trust (a-iTrust)! Lets do a quick stock analysis of this interesting REIT based on its FY2022 results…

1. Financial Metrics

CLINT reported a 7% increase in net property income to S$166.8 million while DPU is up 5% to 8.19 Singapore cents. Despite a decent set of results, the share price has underperformed, probably due to the depreciation of the Indian Rupee against the Singapore Dollar. However, on closer look, does investors really need to worry about forex losses?...