Shares of India Capital Growth (LON:IGC – Get Free Report) were up 1.8% during trading on Friday . The company traded as high as GBX 170.50 and last traded at GBX 170. Approximately 73,368 shares traded hands during mid-day trading, a decline of 72% from the average daily volume of 264,851 shares. The stock had previously closed at GBX 167.
Analysts Set New Price Targets
Separately, Shore Capital Group reiterated a “house stock” rating on shares of India Capital Growth in a research report on Friday, July 3rd.
Check Out Our Latest Research Report on IGC
India Capital Growth Price Performance
India Capital Growth Company Profile
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.
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