India Capital Growth (LON:IGC) Posts Quarterly Earnings Results

India Capital Growth (LON:IGCGet Free Report) issued its quarterly earnings results on Thursday. The company reported GBX 4.99 earnings per share for the quarter, Digital Look Earnings reports. India Capital Growth had a negative net margin of 70.78% and a negative return on equity of 13.65%.

India Capital Growth Trading Down 2.7%

LON IGC opened at GBX 175.12 on Thursday. The firm has a market capitalization of £112.96 million, a P/E ratio of -7.54 and a beta of 0.70. The firm’s fifty day moving average price is GBX 175.57 and its two-hundred day moving average price is GBX 163.34. India Capital Growth has a 1 year low of GBX 134.50 and a 1 year high of GBX 185.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of India Capital Growth in a research report on Friday, July 3rd.

Read Our Latest Report on India Capital Growth

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.

Further Reading

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