India Capital Growth’s (IGC’s) net asset value (NAV) is up 28.8% since QuotedData’s last note was published on 23 March 2016 (its price is up 20.1%) yet, in recent weeks, its discount has widened to 20.4%. The managers cannot see any obvious reason why the discount should be widening.
08 Jul 2016
Indian powerhouse
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Indian powerhouse
India Capital Growth Fund Limited (IGC:LON) | 168 2.5 0.9% | Mkt Cap: 146.0m
- Published:
08 Jul 2016 -
Author:
Ed Marten -
Pages:
12
India Capital Growth’s (IGC’s) net asset value (NAV) is up 28.8% since QuotedData’s last note was published on 23 March 2016 (its price is up 20.1%) yet, in recent weeks, its discount has widened to 20.4%. The managers cannot see any obvious reason why the discount should be widening.