India Globalization Capital Stock Today
| IGC Stock | USD 0.44 0.02 4.35% |
Performance10 of 100
| Odds Of DistressLess than 7
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India Globalization is trading at 0.44 as of the 25th of April 2024, a -4.35 percent decrease since the beginning of the trading day. The stock's open price was 0.46. India Globalization has only a 7 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Equity ratings for India Globalization Capital are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 13th of April 2006 | Category Healthcare | Classification Industrials |
India Globalization Capital, Inc. purchases and resells physical infrastructure commodities. The company was incorporated in 2005 and is headquartered in Potomac, Maryland. India Globalization operates under Conglomerates classification in the United States and is traded on AMEX Exchange. The company has 66.81 M outstanding shares of which 938.8 K shares are currently shorted by investors with about 1.25 days to cover. More on India Globalization Capital
Moving together with India Stock
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Follow Valuation Options Odds of Bankruptcy
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India Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. India Globalization's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding India Globalization or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Ram Mukunda | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Wholesale (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Old Name | CREXENDO | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Trading Companies & Distributors, Capital Goods, Industrials, Wholesale, Industrials, Trading Companies & Distributors, Conglomerates, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering India Globalization report their recommendations after researching India Globalization's financial statements, talking to executives and customers, or listening in on India Globalization's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering India Globalization. The India consensus assessment is calculated by taking the average forecast from all of the analysts covering India Globalization. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of India Globalization's profitability, liquidity, and operating efficiency, India Globalization Capital may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of India Globalization is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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India Globalization's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to India Globalization's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand India Globalization's financial leverage. It provides some insight into what part of India Globalization's total assets is financed by creditors.
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India Globalization Capital (IGC) is traded on NYSE MKT Exchange in USA. It is located in 10224 Falls Road, Potomac, MD, United States, 20854 and employs 61 people. India Globalization is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a total capitalization of 30.51 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate India Globalization's market, we take the total number of its shares issued and multiply it by India Globalization's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. India Globalization runs under Trading Companies & Distributors sector within Industrials industry. The entity has 66.81 M outstanding shares of which 938.8 K shares are currently shorted by investors with about 1.25 days to cover.
India Globalization Capital has about 3.2 M in cash with (7.05 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.15.
Check India Globalization Probability Of Bankruptcy
Ownership AllocationIndia Globalization secures a total of 66.81 Million outstanding shares. India Globalization secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check India Ownership Details
India Stock Price Odds Analysis
What are India Globalization's target price odds to finish over the current price? Based on a normal probability distribution, the odds of India Globalization jumping above the current price in 90 days from now is about 29.27%. The India Globalization Capital probability density function shows the probability of India Globalization stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon India Globalization has a beta of 0.4012. This usually indicates as returns on the market go up, India Globalization average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding India Globalization Capital will be expected to be much smaller as well. Moreover, india Globalization Capital has an alpha of 1.0196, implying that it can generate a 1.02 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of India Globalization to move above the current price in 90 days from now is about 29.27 (This India Globalization Capital probability density function shows the probability of India Stock to fall within a particular range of prices over 90 days) .
India Globalization Historical Income Statement
India Globalization Capital Income Statement is one of the three primary financial statements used for reporting India's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of India Globalization revenue and expense. India Globalization Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, India Globalization's Total Operating Expenses is projected to increase significantly based on the last few years of reporting. The current year's Depreciation And Amortization is expected to grow to about 646.2 K, whereas Interest Expense is forecasted to decline to about 55.6 K. View More FundamentalsIndia Stock Against Markets
Picking the right benchmark for India Globalization stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in India Globalization stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for India Globalization is critical whether you are bullish or bearish towards India Globalization Capital at a given time. Please also check how India Globalization's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in India Globalization without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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India Globalization Corporate Executives
Elected by the shareholders, the India Globalization's board of directors comprises two types of representatives: India Globalization inside directors who are chosen from within the company, and outside directors, selected externally and held independent of India. The board's role is to monitor India Globalization's management team and ensure that shareholders' interests are well served. India Globalization's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, India Globalization's outside directors are responsible for providing unbiased perspectives on the board's policies.
| John Cherin | CFO, Principal Accounting Officer, Treasurer | Profile | |
| John Clarke | Interim CFO, Interim Principal Financial and Accounting Officer and Interim Treasurer | Profile |
How to buy India Stock?
Before investing in India Globalization, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in India Globalization. To buy India Globalization stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of India Globalization. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase India Globalization stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located India Globalization Capital stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased India Globalization Capital stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as India Globalization Capital, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy India Stock please use our How to Invest in India Globalization guide.
Already Invested in India Globalization Capital?
The danger of trading India Globalization Capital is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of India Globalization is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than India Globalization. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile India Globalization is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether India Globalization offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of India Globalization's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of India Globalization Capital Stock. Outlined below are crucial reports that will aid in making a well-informed decision on India Globalization Capital Stock: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in India Globalization Capital. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the India Globalization information on this page should be used as a complementary analysis to other India Globalization's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for India Stock analysis
When running India Globalization's price analysis, check to measure India Globalization's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy India Globalization is operating at the current time. Most of India Globalization's value examination focuses on studying past and present price action to predict the probability of India Globalization's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move India Globalization's price. Additionally, you may evaluate how the addition of India Globalization to your portfolios can decrease your overall portfolio volatility.
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Is India Globalization's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of India Globalization. If investors know India will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about India Globalization listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 0.022 | Quarterly Revenue Growth (0.39) | Return On Assets (0.44) | Return On Equity (1.03) |
The market value of India Globalization is measured differently than its book value, which is the value of India that is recorded on the company's balance sheet. Investors also form their own opinion of India Globalization's value that differs from its market value or its book value, called intrinsic value, which is India Globalization's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because India Globalization's market value can be influenced by many factors that don't directly affect India Globalization's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between India Globalization's value and its price as these two are different measures arrived at by different means. Investors typically determine if India Globalization is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, India Globalization's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.