India Capital Growth (LON:IGC – Get Free Report) shares were up 0.3% on Wednesday . The stock traded as high as GBX 160.50 and last traded at GBX 156.49. Approximately 98,993 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 301,328 shares. The stock had previously closed at GBX 156.
India Capital Growth Trading Up 0.3%
The firm has a market capitalization of £103.48 million, a PE ratio of -6.74 and a beta of 0.70. The firm has a 50-day moving average of GBX 149.24 and a two-hundred day moving average of GBX 161.69.
India Capital Growth (LON:IGC – Get Free Report) last issued its earnings results on Thursday, March 26th. The company reported GBX (23.23) earnings per share for the quarter. India Capital Growth had a negative return on equity of 13.65% and a negative net margin of 70.78%.
About India Capital Growth
Fund Objective:
To provide long term capital appreciation by investing predominantly in listed mid and small cap Indian companies. Investments may also be made in large cap Indian companies where the Fund Manager believes long-term capital appreciation will be achieved. The Company may hold liquid assets (including cash) pending deployment in suitable investments. It is the Company’s declared policy not to hedge the exposure to the Indian Rupee.
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