How to buy India Globalization Capital shares

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. 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. 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.

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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.

Shorting India Globalization Capital shares

There are currently 1.9 million India Globalization Capital shares held short by investors – that's known as India Globalization Capital's "short interest". This figure is 24.5% down from 2.5 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 4.0 million). India Globalization Capital's SIR currently stands at 0.47. In other words for every 100,000 India Globalization Capital shares traded daily on the market, roughly 470 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 0.04% of the outstanding shares (for every 100,000 India Globalization Capital shares in existence, roughly 40 shares are currently held short) or 0.0518% of the tradable shares (for every 100,000 tradable India Globalization Capital shares, roughly 52 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 19 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$0.263 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 5.1435. 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.

Frequently asked questions

• What percentage of India Globalization Capital is owned by insiders or institutions?

  Currently 12.869% of India Globalization Capital shares are held by insiders and 4.975% by institutions.

• When does the fiscal year end for India Globalization Capital?

  India Globalization Capital's fiscal year ends in March.

• Where is India Globalization Capital based?

  India Globalization Capital's address is: 10224 Falls Road, Potomac, MD, United States, 20854

• What is India Globalization Capital's ISIN number?

  India Globalization Capital's international securities identification number is: US45408X3089

• What is India Globalization Capital's CUSIP number?

  India Globalization Capital's Committee on Uniform Securities Identification Procedures number is: 45408X100