India Globalization Capital, Inc. (NYSEAMERICAN:IGC) Chairman Ram Mukunda sold 154,950 shares of the company’s stock in a transaction on Friday, December 8th. The stock was sold at an average price of $0.86, for a total transaction of $133,257.00. Following the transaction, the chairman now owns 2,526,944 shares of the company’s stock, valued at approximately $2,173,171.84. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Shares of India Globalization Capital, Inc. (NYSEAMERICAN IGC) opened at $0.78 on Monday. India Globalization Capital, Inc. has a 12 month low of $0.23 and a 12 month high of $0.98.

India Globalization Capital (NYSEAMERICAN:IGC) last released its quarterly earnings results on Monday, November 20th. The construction company reported ($0.01) earnings per share (EPS) for the quarter. The business had revenue of $0.24 million for the quarter. India Globalization Capital had a negative net margin of 817.04% and a negative return on equity of 25.75%.

TRADEMARK VIOLATION WARNING: “Insider Selling: India Globalization Capital, Inc. (IGC) Chairman Sells $133,257.00 in Stock” was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at

About India Globalization Capital

India Globalization Capital, Inc develops intellectual property for the treatment of life altering or life threatening conditions, through its research on phytocannabinoid-based therapies, in the United States. The Company also builds farming facilities for leasing. In Malaysia, the Company develops and manages residential and commercial real estate.

Receive News & Ratings for India Globalization Capital Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for India Globalization Capital Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.