India Globalization Capital Inc. (NYSE American:IGC) traded at a new 52-week high today of $4.65. This new high was reached on above average trading volume as 193 million shares traded hands, while the average 30-day volume is approximately 2.8 million shares.
India Globalization Capital Inc is an investment holding company. The company’s operating segment includes Infrastructure and Life Sciences. It generates maximum revenue from the Infrastructure segment. The Infrastructure Business segment involves the execution of construction contracts, the rental of heavy construction equipment, and the purchase and resale of physical commodities used in infrastructure. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in India.
In the past 52 weeks, India Globalization Capital Inc. share prices are bracketed by a low of $0.54 and a high of $4.65 and is now at $3.38, 525% above that low price.
India Globalization Capital Inc. (NYSE American:IGC) is currently priced 56.4% above its average consensus analyst price target of $1.47.
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