India Globalization Capital, Inc. (IGC) CEO Ram Mukunda Sells 12,000 Shares

India Globalization Capital, Inc. (NYSEAMERICAN:IGC) CEO Ram Mukunda sold 12,000 shares of India Globalization Capital stock in a transaction that occurred on Friday, January 12th. The shares were sold at an average price of $1.05, for a total value of $12,600.00. Following the completion of the sale, the chief executive officer now directly owns 2,384,256 shares in the company, valued at approximately $2,503,468.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Ram Mukunda also recently made the following trade(s):

  • On Wednesday, January 10th, Ram Mukunda sold 12,000 shares of India Globalization Capital stock. The shares were sold at an average price of $1.10, for a total value of $13,200.00.
  • On Friday, December 15th, Ram Mukunda sold 50,000 shares of India Globalization Capital stock. The shares were sold at an average price of $0.76, for a total value of $38,000.00.
  • On Friday, December 8th, Ram Mukunda sold 154,950 shares of India Globalization Capital stock. The shares were sold at an average price of $0.86, for a total value of $133,257.00.

Shares of India Globalization Capital, Inc. (NYSEAMERICAN:IGC) traded down $0.03 during trading on Friday, reaching $1.07. The company had a trading volume of 680,840 shares, compared to its average volume of 2,210,000. India Globalization Capital, Inc. has a 1-year low of $0.23 and a 1-year high of $1.63. The firm has a market cap of $30.05, a price-to-earnings ratio of -15.29 and a beta of 2.65.

India Globalization Capital (NYSEAMERICAN:IGC) last announced its earnings results on Monday, November 20th. The construction company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $0.24 million during the quarter. India Globalization Capital had a negative net margin of 128.96% and a negative return on equity of 19.76%.

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India Globalization Capital Company Profile

India Globalization Capital, Inc develops intellectual property for the treatment of life altering or life threatening conditions, through its research on phytocannabinoid-based therapies, in the United States. The Company also builds farming facilities for leasing. In Malaysia, the Company develops and manages residential and commercial real estate.

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