With last year’s successful subscription share exercise pushing India Capital Growth (IGC)’s net assets through the £100m mark; strong performance relative to peers; and buoyant conditions in India, the focus now is on driving down IGC’s discount. Recent poll success by the BJP has put a stamp of approval on the party’s ambitious reform agenda. We may see a temporary dip in growth as the Goods and Services Tax (GST) is introduced this summer, but this should have
29 Mar 2017
Full steam ahead
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Full steam ahead
India Capital Growth Fund Limited (IGC:LON) | 166 7.5 2.8% | Mkt Cap: 144.9m
- Published:
29 Mar 2017 -
Author:
Ed Marten -
Pages:
17
With last year’s successful subscription share exercise pushing India Capital Growth (IGC)’s net assets through the £100m mark; strong performance relative to peers; and buoyant conditions in India, the focus now is on driving down IGC’s discount. Recent poll success by the BJP has put a stamp of approval on the party’s ambitious reform agenda. We may see a temporary dip in growth as the Goods and Services Tax (GST) is introduced this summer, but this should have