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

India Capital Growth (LON:IGCGet Free Report) insider Lynne Duquemin acquired 6,075 shares of the firm’s stock in a transaction on Monday, March 31st. The shares were bought at an average cost of GBX 162 ($2.12) per share, with a total value of £9,841.50 ($12,895.05).

India Capital Growth Price Performance

India Capital Growth stock opened at GBX 156 ($2.04) on Friday. The business has a 50 day simple moving average of GBX 161.05 and a 200-day simple moving average of GBX 178.42. India Capital Growth has a 12 month low of GBX 147.48 ($1.93) and a 12 month high of GBX 199 ($2.61). The stock has a market capitalization of £134.69 million, a PE ratio of 3.15 and a beta of 0.70.

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

About India Capital Growth

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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.

Further Reading

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