India Capital Growth (LON:IGC – Get Free Report) released its earnings results on Thursday. The company reported GBX 4.99 earnings per share (EPS) for the quarter, Digital Look Earnings reports. India Capital Growth had a negative net margin of 70.78% and a negative return on equity of 13.65%.
India Capital Growth Trading Down 1.1%
LON:IGC traded down GBX 2 on Thursday, hitting GBX 178. 138,168 shares of the stock were exchanged, compared to its average volume of 249,917. The stock has a fifty day moving average of GBX 175.57 and a 200-day moving average of GBX 163.34. The stock has a market cap of £114.82 million, a PE ratio of -7.66 and a beta of 0.70. India Capital Growth has a fifty-two week low of GBX 134.50 and a fifty-two week high of GBX 185.
Wall Street Analysts Forecast Growth
Separately, Shore Capital Group reissued a “house stock” rating on shares of India Capital Growth in a research note on Friday, July 3rd.
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. It is the Company’s declared policy not to hedge the exposure to the Indian Rupee.
Read More
- Five stocks we like better than India Capital Growth
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
- Is Palantir Worth $250 or $1? Bulls and Burry Arrive at Opposite Conclusions
Receive News & Ratings for India Capital Growth Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for India Capital Growth and related companies with MarketBeat.com's FREE daily email newsletter.
