Earnings figures for the companies in India Capital Growth (IGC)’s portfolio are on an upward trajectory as India puts the disruptive effects of demonetisation and the introduction of the Goods and Services Tax (GST) behind it. Rising oil prices may be a headwind but India’s domestically focused economy should be relatively sheltered from a global trade war. Gaurav Narain, investment adviser to IGC, thinks we could see companies in his portfolio reporting average earnings growth o
26 Jun 2018
A return to earnings growth
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A return to earnings growth
India Capital Growth Fund Limited (IGC:LON) | 164 -3.3 (-1.2%) | Mkt Cap: 143.0m
- Published:
26 Jun 2018 -
Author:
Ed Marten -
Pages:
15
Earnings figures for the companies in India Capital Growth (IGC)’s portfolio are on an upward trajectory as India puts the disruptive effects of demonetisation and the introduction of the Goods and Services Tax (GST) behind it. Rising oil prices may be a headwind but India’s domestically focused economy should be relatively sheltered from a global trade war. Gaurav Narain, investment adviser to IGC, thinks we could see companies in his portfolio reporting average earnings growth o