India Capital Growth (LON:IGC) Shares Down 1.1% – Here’s Why

India Capital Growth (LON:IGCGet Free Report) was down 1.1% during mid-day trading on Thursday . The stock traded as low as GBX 174.50 and last traded at GBX 177. Approximately 92,924 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 267,562 shares. The stock had previously closed at GBX 179.

India Capital Growth Price Performance

The firm has a fifty day moving average price of GBX 170.59 and a 200 day moving average price of GBX 173.15. The firm has a market capitalization of £149.38 million, a PE ratio of -17.67 and a beta of 0.70.

India Capital Growth (LON:IGCGet Free Report) last posted its quarterly earnings results on Thursday, September 25th. The company reported GBX (19.60) earnings per share for the quarter. India Capital Growth had a return on equity of 25.12% and a net margin of 93.35%.

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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