India Capital Growth (LON:IGC) Sets New 12-Month Low – Should You Sell?

India Capital Growth (LON:IGCGet Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 136.50 and last traded at GBX 142, with a volume of 125179 shares. The stock had previously closed at GBX 141.

India Capital Growth Stock Performance

The stock has a market capitalization of £94.55 million, a price-to-earnings ratio of -14.26 and a beta of 0.70. The company’s 50 day moving average is GBX 154.91 and its 200 day moving average is GBX 166.02.

About India Capital Growth

(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.

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