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Last $0.40 USD
Change Today -0.01 / -2.44%
Volume 43.2K
IGC On Other Exchanges
Symbol
Exchange
IGC is not on other exchanges.
As of 8:04 PM 06/1/15 All times are local (Market data is delayed by at least 15 minutes).

india globalization capital (IGC) Snapshot

Open
$0.40
Previous Close
$0.41
Day High
$0.50
Day Low
$0.40
52 Week High
06/20/14 - $1.99
52 Week Low
01/30/15 - $0.0001
Market Cap
6.0M
Average Volume 10 Days
20.7K
EPS TTM
$-0.35
Shares Outstanding
15.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for INDIA GLOBALIZATION CAPITAL (IGC)

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india globalization capital (IGC) Details

India Globalization Capital, Inc., through its subsidiaries, operates as a mining, materials, and infrastructure company in India and the People’s Republic of China. It is engaged in trading and sale of iron ore; execution of construction contracts primarily in the roads and infrastructure development sectors; leasing heavy construction equipment; trading rock aggregate, commodities, and electronic components; and the transport and delivery of ore, cement, aggregate, and other materials. The company serves steel mills, including local traders and steel mills near the port of Tianjin, the People's Republic of China; and the National Highway Authority of India, various state highway authorities, the Indian railways, and private construction companies. India Globalization Capital, Inc. was founded in 2005 and is based in Bethesda, Maryland.

21 Employees
Last Reported Date: 07/15/14
Founded in 2005

india globalization capital (IGC) Top Compensated Officers

Founder, Executive Chairman, Chief Executive ...
Total Annual Compensation: $300.0K
Principal Financial & Accounting Officer and ...
Total Annual Compensation: $90.0K
Compensation as of Fiscal Year 2014.

india globalization capital (IGC) Key Developments

India Globalization Capital Expands Facilities Build-Out to Washington State

India Globalization Capital, Inc. announced it is expanding its facilities build-out to Washington State as part of the Company's strategy for the legal cannabis industry. These indoor facilities, encompassing approximately 20,000 square feet, will provide enhanced security systems, plant tracking systems, lighting, fully automatized CO2 enhanced climate control systems, irrigation, and fertilizer delivery systems that allow for pesticide free organic growing of medical grade cannabis.

India Globalization Capital, Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014

India Globalization Capital, Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported net loss attributable to common stockholders of $590,114 or $0.05 per basic and diluted share on revenues of $2,542,192 compared to 310,476 or $0.04 per basic and diluted share on revenues of $17,529 a year ago. Operating loss was $499,146 compared to $294,016 a year ago. Loss before income taxes and minority interest attributable to non-controlling interest was $598,996 compared to $303,255 a year ago. Net loss was $598,996 compared to $305,140 a year ago. The increase in revenue is the result of an increase in the volume of trading commodities and electronics out of Hong Kong and the leasing of heavy equipment in India. The larger loss in fiscal third quarter was attributed to the company's increased efforts in building legal cannabis related businesses that the company believe would add long-term shareholder value. For the nine months, the company reported net loss attributable to common stockholders of $2,695,520 or $0.22 per basic and diluted share on revenues of $5,423,872 compared to $1,559,150 or $0.20 per basic and diluted share on revenues of $2,275,018 a year ago. Operating loss was $2,414,424 compared to $987,479 a year ago. Loss before income taxes and minority interest attributable to non-controlling interest was $2,724,567 compared to $1,547,834 a year ago. Net loss was $2,724,567 compared to $1,552,822 a year ago.

India Globalization Capital Seeks Acquisitions

India Globalization Capital, Inc. (AMEX:IGC) is seeking acquisitions. India Globalization has filed a Shelf Registration in the amount of $20 million, the net proceeds of which will be used to finance the costs of acquiring, investing in, or creating joint ventures with competitive and complementary businesses, products and technologies as a part of our growth strategy.

 

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Price/Book 0.4x
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TEV/Sales 0.2x
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