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Investments
How to buy India Globalization Capital shares
Own India Globalization Capital shares in just a few minutes.
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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$1.39 – a decrease of 2.11% over the previous week. Here's how to invest if you're based in Australia.
How to buy shares in India Globalization Capital
- 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.
- 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.
- 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.
- 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.
- Decide on how many to buy. At last close price of US$1.39, 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.
- 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.
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What's in this guide?
- India Globalization Capital key stats
- Compare share trading platforms
- Is India Globalization Capital stock a buy or sell?
- India Globalization Capital performance over time
- Can I short India Globalization Capital shares?
- India Globalization Capital's financials
- How volatile are India Globalization Capital shares?
- Does India Globalization Capital pay a dividend?
- Have India Globalization Capital shares ever split?
- Other common questions
India Globalization Capital share price
Use our graph to track the performance of IGC stocks over time.India Globalization Capital shares at a glance
Information last updated 2021-06-09.
| 52-week range | US$0.51 - US$3.7 |
|---|---|
| 50-day moving average | US$1.4669 |
| 200-day moving average | US$1.7028 |
| Target price | N/A |
| PE ratio | N/A |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | US$-0.132 |
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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 price performance over time
Historical closes compared with the last close of $1.39
| 1 week (2021-06-07) | -17.75% |
|---|---|
| 1 month (2021-05-14) | 1.46% |
| 3 months (2021-03-12) | -24.86% |
| 6 months (2020-12-14) | -15.76% |
| 1 year (2020-06-12) | 138.14% |
|---|---|
| 2 years (2019-06-14) | 10.32% |
| 3 years (2018-06-14) | 158.03% |
| 5 years (2016-06-14) | 205.49% |
India Globalization Capital financials
| Revenue TTM | US$846,000 |
|---|---|
| Gross profit TTM | US$115,000 |
| Return on assets TTM | -17.66% |
| Return on equity TTM | -35.18% |
| Profit margin | 0% |
| Book value | 0.52 |
| Market capitalisation | US$71.2 million |
TTM: trailing 12 months
Shorting India Globalization Capital shares
There are currently 2.2 million India Globalization Capital shares held short by investors – that's known as India Globalization Capital's "short interest". This figure is 1.3% down from 2.3 million last month.
There are a few different ways that this level of interest in shorting India Globalization Capital shares can be evaluated.
India Globalization Capital's "short interest ratio" (SIR)
India Globalization Capital's "short interest ratio" (SIR) is the quantity of India Globalization Capital shares currently shorted divided by the average quantity of India Globalization Capital shares traded daily (recently around 917505.30612245). India Globalization Capital's SIR currently stands at 2.45. In other words for every 100,000 India Globalization Capital shares traded daily on the market, roughly 2450 shares are currently held short.
However India Globalization Capital's short interest can also be evaluated against the total number of India Globalization Capital shares, or, against the total number of tradable India Globalization Capital shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case India Globalization Capital's short interest could be expressed as 0.05% of the outstanding shares (for every 100,000 India Globalization Capital shares in existence, roughly 50 shares are currently held short) or 0.0574% of the tradable shares (for every 100,000 tradable India Globalization Capital shares, roughly 57 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against India Globalization Capital.
Find out more about how you can short India Globalization Capital stock.
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$0.51 up to US$3.7. 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 4.6549. 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, transit mixers 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; and Serosapse for the treatment of Parkinson's disease. In addition, it offers offer extraction, 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, and Hong Kong. India Globalization Capital, Inc. was founded in 2005 and is based in Potomac, Maryland.
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