India Capital Growth Fund Ltd (IGC.L) (LON:IGC) Trading Up 2.7%
India Capital Growth Fund Ltd (IGC.L) (LON:IGC) shares were up 2.7% during mid-day trading on Friday . The stock traded as high as GBX 77.87 ($1.02) and last traded at GBX 77.20 ($1.01). Approximately 361,982 shares changed hands during trading, a decline of 5% from the average daily volume of 382,241 shares. The stock had previously closed at GBX 75.20 ($0.98).
The firm has a market cap of $80.33 million and a price-to-earnings ratio of -5.85. The company’s 50-day moving average price is GBX 71.66 and its 200-day moving average price is GBX 60.23.
About India Capital Growth Fund Ltd (IGC.L) (LON:IGC)
India Capital Growth Fund Limited is a close-ended equity mutual fund launched and managed by Ocean Dial Asset Management Limited. The fund invests in the public equity markets of India. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of mid and small cap companies.
Further Reading: Momentum Indicators
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