India Capital Growth (LON:IGC - Get Free Report)'s share price fell 0.3% during mid-day trading on Thursday . The company traded as low as GBX 172.50 ($2.37) and last traded at GBX 173 ($2.37). 152,132 shares changed hands during trading, a decline of 43% from the average session volume of 264,808 shares. The stock had previously closed at GBX 173.50 ($2.38).
India Capital Growth Stock Down 0.3%
The firm has a 50 day moving average price of GBX 170.02 and a 200-day moving average price of GBX 170.01. The stock has a market capitalization of £149.37 million, a PE ratio of 3.49 and a beta of 0.70.
India Capital Growth (LON:IGC - Get Free Report) last announced its quarterly earnings results on Friday, March 28th. The company reported GBX 27.04 ($0.37) earnings per share for the quarter. India Capital Growth had a return on equity of 25.12% and a net margin of 93.35%.
Insiders Place Their Bets
In related news, insider Lynne Duquemin bought 6,075 shares of the stock in a transaction on Monday, March 31st. The stock was bought at an average price of GBX 162 ($2.22) per share, with a total value of £9,841.50 ($13,505.56). 0.24% of the stock is currently owned by corporate insiders.
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.
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