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

India Capital Growth (LON:IGC) released its 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

IGC remained flat at GBX 140 during trading hours on Thursday. The company had a trading volume of 41,529 shares, compared to its average volume of 363,528. The company’s 50-day moving average price is GBX 153.52 and its 200-day moving average price is GBX 165.48. India Capital Growth has a one year low of GBX 136 and a one year high of GBX 191.50. The firm has a market capitalization of £93.22 million, a price-to-earnings ratio of -14.06 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. It is the Company’s declared policy not to hedge the exposure to the Indian Rupee.