India Capital Growth (LON:IGC) Trading 0.3% Higher - Here's What Happened

Key Points

• India Capital Growth (LON:IGC) shares rose 0.3% in mid-day trading, reaching a last traded price of GBX 172.50 ($2.34), with a notable decline in trading volume of 29% from the average.
• The company has a market capitalization of £147.34 million, a PE ratio of 637.94, and a beta of 0.70, indicating the stock's volatility compared to the market.
• India Capital Growth's investment objective focuses on long-term capital appreciation by primarily investing in mid and small-cap Indian companies, with potential allocations to larger companies as deemed beneficial.

India Capital Growth (LON:IGC - ) shares traded up 0.3% during mid-day trading on Monday . The stock traded as high as GBX 177.50 ($2.40) and last traded at GBX 172.50 ($2.34). 194,621 shares were traded during trading, a decline of 29% from the average session volume of 273,795 shares. The stock had previously closed at GBX 172 ($2.33).

India Capital Growth Price Performance

The stock has a market capitalization of £147.34 million, a PE ratio of 637.94 and a beta of 0.70. The company has a 50 day moving average price of GBX 178.19 and a 200-day moving average price of GBX 168.52.

India Capital Growth Company Profile

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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