India Capital Growth (LON:IGC – Get Free Report) shares passed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of GBX 174.51 and traded as high as GBX 175. India Capital Growth shares last traded at GBX 175, with a volume of 72,975 shares changing hands.
India Capital Growth Trading Up 1.2%
The company has a market capitalization of £111.89 million, a price-to-earnings ratio of 128.68 and a beta of 0.70. The business’s 50 day moving average price is GBX 174.51 and its two-hundred day moving average price is GBX 163.73.
India Capital Growth (LON:IGC – Get Free Report) last released its earnings results on Thursday, September 24th. The company reported GBX 4.99 earnings per share for the quarter. India Capital Growth had a net margin of 1.40% and a return on equity of 0.32%.
About India Capital Growth
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.
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