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

India Globalization Capital, Inc. (NYSEAMERICAN:IGC) CEO Ram Mukunda sold 12,000 shares of the firm’s stock in a transaction on Wednesday, January 10th. The shares were sold at an average price of $1.10, for a total transaction of $13,200.00. Following the completion of the transaction, the chief executive officer now directly owns 2,384,256 shares of the company’s stock, valued at $2,622,681.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

  • On Friday, January 12th, Ram Mukunda sold 12,000 shares of India Globalization Capital stock. The stock was sold at an average price of $1.05, for a total value of $12,600.00.
  • 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.

India Globalization Capital, Inc. (IGC) opened at $0.89 on Friday. India Globalization Capital, Inc. has a 52 week low of $0.24 and a 52 week high of $1.63. The stock has a market capitalization of $25.02, a PE ratio of -12.71 and a beta of 2.44.

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

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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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