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

India Capital Growth (LON:IGC) announced its quarterly earnings results on Thursday. The company reported GBX (23.23) EPS for the quarter, Digital Look Earnings reports. India Capital Growth had a negative net margin of 44.95% and a negative return on equity of 4.96%.

India Capital Growth Price Performance

India Capital Growth stock opened at GBX 140.25 on Friday. The business has a 50 day moving average of GBX 152.57 and a 200-day moving average of GBX 165.10. The company has a market capitalization of £93.38 million, a P/E ratio of -14.08 and a beta of 0.70. India Capital Growth has a 1 year low of GBX 136 and a 1 year high of GBX 191.50.

India Capital Growth Company Profile

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.