India Capital Growth (LON:IGC – Get Free Report)‘s stock had its “house stock” rating reissued by research analysts at Shore Capital Group in a research note issued to investors on Friday,Digital Look reports.
India Capital Growth Trading Up 0.6%
Shares of LON:IGC opened at GBX 174 on Friday. The stock has a fifty day simple moving average of GBX 161.12 and a two-hundred day simple moving average of GBX 158.22. The stock has a market capitalization of £114.67 million, a price-to-earnings ratio of -7.49 and a beta of 0.70. India Capital Growth has a 12-month low of GBX 134.50 and a 12-month high of GBX 191.50.
India Capital Growth Company Profile
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.
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