India Capital Growth (LON:IGC – Get Free Report)’s share price dropped 0.6% during mid-day trading on Wednesday . The stock traded as low as GBX 150.50 ($1.95) and last traded at GBX 154 ($2.00). Approximately 167,704 shares traded hands during mid-day trading, a decline of 55% from the average daily volume of 369,155 shares. The stock had previously closed at GBX 155 ($2.01).
India Capital Growth Stock Down 0.6 %
The stock’s 50 day moving average is GBX 169.09 and its 200 day moving average is GBX 181.44. The firm has a market cap of £132.96 million, a price-to-earnings ratio of 3.11 and a beta of 0.70.
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.
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