Shore Capital Group Reaffirms House Stock Rating for India Capital Growth (LON:IGC)

India Capital Growth (LON:IGCGet Free Report)‘s stock had its “house stock” rating reiterated by Shore Capital Group in a note issued to investors on Friday,Digital Look reports.

India Capital Growth Stock Up 0.6%

Shares of IGC stock opened at GBX 174 on Friday. The firm has a market capitalization of £114.67 million, a price-to-earnings ratio of -7.49 and a beta of 0.70. The stock has a fifty day moving average of GBX 161.12 and a 200 day moving average of GBX 158.22. India Capital Growth has a 52 week low of GBX 134.50 and a 52 week high of GBX 191.50.

About India Capital Growth

(Get Free Report)

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.

Further Reading

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