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India Capital Growth (LON:IGC) Shares Up 0.6% - Here's What Happened

India Capital Growth logo with Financial Services background

Key Points

  • India Capital Growth's stock price increased by 0.6%, reaching a last traded price of GBX 171 ($2.30) on Thursday.
  • The company reported an EPS of GBX (19.60) for the recent quarter, with a net margin of 93.35% and a return on equity of 25.12%.
  • India Capital Growth aims for long-term capital appreciation by predominantly investing in listed mid and small cap Indian companies.
  • MarketBeat previews the top five stocks to own by November 1st.

India Capital Growth (LON:IGC - Get Free Report)'s stock price shot up 0.6% during trading on Thursday . The company traded as high as GBX 171.50 ($2.31) and last traded at GBX 171 ($2.30). 180,221 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 271,547 shares. The stock had previously closed at GBX 170 ($2.29).

India Capital Growth Stock Up 0.6%

The business's fifty day moving average price is GBX 170.10 and its 200 day moving average price is GBX 170.76. The firm has a market capitalization of £145.79 million, a PE ratio of -1,716.87 and a beta of 0.70.

India Capital Growth (LON:IGC - Get Free Report) last announced its earnings results on Thursday, September 25th. The company reported GBX (19.60) EPS for the quarter. India Capital Growth had a net margin of 93.35% and a return on equity of 25.12%.

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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