With last year’s successful subscription share exercise (discussed in QuotedData’s last note) pushing India Capital Growth (IGC)’s net assets through the £100m mark; strong performance relative to peers; and buoyant conditions in India, IGC’s focus is now on driving down the discount that its shares trade at relative to its net asset value. Recent poll success by India’s ruling political party, the BJP, has put a stamp of approval on its ambitious reform ag
29 Mar 2017
Full steam ahead
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Full steam ahead
India Capital Growth Fund Limited (IGC:LON) | 168 0 0.0% | Mkt Cap: 146.1m
- Published:
29 Mar 2017 -
Author:
Ed Marten -
Pages:
17
With last year’s successful subscription share exercise (discussed in QuotedData’s last note) pushing India Capital Growth (IGC)’s net assets through the £100m mark; strong performance relative to peers; and buoyant conditions in India, IGC’s focus is now on driving down the discount that its shares trade at relative to its net asset value. Recent poll success by India’s ruling political party, the BJP, has put a stamp of approval on its ambitious reform ag