India Capital Growth (LON:IGC) Trading Up 0.3% – What’s Next?

Shares of India Capital Growth (LON:IGCGet Free Report) were up 0.3% during mid-day trading on Thursday . The stock traded as high as GBX 188.50 ($2.53) and last traded at GBX 186.50 ($2.50). Approximately 157,495 shares traded hands during trading, a decline of 39% from the average daily volume of 257,340 shares. The stock had previously closed at GBX 186 ($2.50).

India Capital Growth Stock Performance

The firm has a fifty day simple moving average of GBX 173.94 and a 200-day simple moving average of GBX 168.58. The company has a market capitalization of £161.02 million, a PE ratio of 3.77 and a beta of 0.70.

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.

Further Reading

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