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India Capital Growth (LON:IGC) Shares Down 0.3% - Should You Sell?

India Capital Growth logo with Financial Services background

India Capital Growth (LON:IGC - Get Free Report)'s share price dropped 0.3% during trading on Tuesday . The company traded as low as GBX 166 ($2.21) and last traded at GBX 168.50 ($2.24). Approximately 174,217 shares traded hands during trading, a decline of 41% from the average daily volume of 296,934 shares. The stock had previously closed at GBX 169 ($2.25).

India Capital Growth Stock Performance

The company's 50-day moving average price is GBX 160.41 and its 200-day moving average price is GBX 173.17. The firm has a market capitalization of £145.48 million, a PE ratio of 3.40 and a beta of 0.70.

India Capital Growth (LON:IGC - Get Free Report) last posted its quarterly earnings data on Friday, March 28th. The company reported GBX 27.04 ($0.36) EPS for the quarter. India Capital Growth had a net margin of 93.35% and a return on equity of 25.12%.

Insider Activity at India Capital Growth

In related news, insider Lynne Duquemin acquired 6,075 shares of the business's stock in a transaction dated Monday, March 31st. The shares were acquired at an average cost of GBX 162 ($2.16) per share, for a total transaction of £9,841.50 ($13,097.55). 0.24% of the stock is owned by corporate insiders.

About India Capital Growth

(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.

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