Insider Buying: India Capital Growth (LON:IGC) Insider Purchases 6,075 Shares of Stock

India Capital Growth (LON:IGC) insider Lynne Duquemin acquired 6,075 shares of the company’s stock in a transaction dated Monday, March 31st. The shares were purchased at an average cost of GBX 162 ($2.09) per share, for a total transaction of £9,841.50 ($12,715.12).

India Capital Growth Stock Performance

LON IGC traded down GBX 0.50 ($0.01) during mid-day trading on Tuesday, reaching GBX 160.50 ($2.07). 143,000 shares of the stock were exchanged, compared to its average volume of 324,201. The company has a market capitalization of £138.57 million, a P/E ratio of 3.24 and a beta of 0.70. The business’s 50 day moving average is GBX 162.01 and its 200-day moving average is GBX 178.89. India Capital Growth has a 1 year low of GBX 147.48 ($1.91) and a 1 year high of GBX 199 ($2.57).

India Capital Growth (LON:IGC) last issued its quarterly earnings results on Friday, March 28th. The company reported GBX 27.04 ($0.35) earnings per share (EPS) for the quarter. India Capital Growth had a return on equity of 25.12% and a net margin of 93.35%.

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.