How to buy India Globalization Capital (IGC) shares in Australia

Learn how to easily invest in India Globalization Capital shares.

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India Globalization Capital Inc is a conglomerates business with stocks listed in the US. India Globalization Capital shares (IGC) are listed on the NYSE MKT and all prices are listed in US Dollars. Its last market close was US$1.26 – a decrease of 10% over the previous week. Here's how to invest if you're based in Australia.

How to buy shares in India Globalization Capital

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for India Globalization Capital. Find the share by name or ticker symbol: IGC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until India Globalization Capital reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$1.24, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of India Globalization Capital, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of India Globalization Capital. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

India Globalization Capital stock price (NYSE MKT:IGC)

Use our graph to track the performance of IGC stocks over time.

India Globalization Capital shares at a glance

Information last updated 2021-11-27.
52-week rangeUS$1.2 - US$3.72
50-day moving average US$1.461
200-day moving average US$1.5925
Target priceN/A
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) US$-0.248

Where to buy India Globalization Capital stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
Note: This broker offers CFDs which are volatile investment products and most clients lose money trading CFDs with this provider.
Join the world’s biggest social trading network when you trade stocks, commodities and currencies from the one account.
IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
0.60%
ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
Enjoy fast, simple and affordable trades, with market leading research and broker recommendations all in one platform
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy India Globalization Capital stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

India Globalization Capital share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

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India Globalization Capital price performance over time

Historical closes compared with the last close of $1.26

1 week (2021-11-26) -7.35%
1 month (2021-11-03) -13.70%
3 months (2021-09-03) -22.22%
6 months (2021-06-03) -10.64%
1 year (2020-12-03) -39.13%
2 years (2019-12-03) 70.25%
3 years (2018-12-03) 47.87%
5 years (2016-12-02) 500.00%

India Globalization Capital financials

Revenue TTM US$322,000
Gross profit TTM US$113,000
Return on assets TTM -22.32%
Return on equity TTM -41.58%
Profit margin 0%
Book value 0.612
Market capitalisation US$69.4 million

TTM: trailing 12 months

India Globalization Capital share dividends

We're not expecting India Globalization Capital to pay a dividend over the next 12 months.

Have India Globalization Capital's shares ever split?

India Globalization Capital's shares were split on a 1:10 basis on 18 April 2013. So if you had owned 10 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your India Globalization Capital shares – just the quantity. However, indirectly, the new 900% higher share price could have impacted the market appetite for India Globalization Capital shares which in turn could have impacted India Globalization Capital's share price.

India Globalization Capital share price volatility

Over the last 12 months, India Globalization Capital's shares have ranged in value from as little as US$1.2 up to US$3.72. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE MKT average) beta is 1, while India Globalization Capital's is 4.3418. This would suggest that India Globalization Capital's shares are significantly more volatile than the average for this exchange and represent a higher risk.

India Globalization Capital overview

India Globalization Capital, Inc. purchases and resells physical infrastructure commodities. The company operates through two segments, Infrastructure Business, and Life Sciences. It buys and sells infrastructure commodities, such as steel, wooden doors, marble, and tiles; rents heavy construction equipment, including motor grader and rollers; and undertakes highway construction contracts. The company also develops cannabinoid-based products and therapies, such as Hyalolex for the treatment of patients from anxiety, agitation, dementia, depression, and sleep disorder diseases; hemp-based CBD infused products under the Holief brand name; premium hemp-based CBD infused organic topical and spa line of products under the Herbo brand name; and premium hemp-based CBD infused seltzer under the Sunday Seltzer brand. In addition, it offers offer trading, distillation, tolling, and white labeling services under the Holi Hemp brand; and hemp crude extracts, hemp isolates, and hemp distillates. The company operates in the United States, India, Colombia, and Hong Kong. India Globalization Capital, Inc. was incorporated in 2005 and is headquartered in Potomac, Maryland.

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