India Capital Growth (LON:IGC) Shares Up 0.3% – Still a Buy?

Shares of India Capital Growth (LON:IGCGet Free Report) shot up 0.3% on Wednesday . The company traded as high as GBX 160.50 and last traded at GBX 156.49. 98,993 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 301,328 shares. The stock had previously closed at GBX 156.

India Capital Growth Stock Up 1.3%

The business’s fifty day moving average is GBX 149.71 and its two-hundred day moving average is GBX 161.51. The stock has a market capitalization of £104.15 million, a PE ratio of -6.78 and a beta of 0.70.

India Capital Growth (LON:IGCGet Free Report) last posted 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 net margin of 70.78% and a negative return on equity of 13.65%.

India Capital Growth Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for India Capital Growth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for India Capital Growth and related companies with MarketBeat.com's FREE daily email newsletter.