India Globalization Capital (NYSEAMERICAN:IGC) Trading 12.9% Higher

India Globalization Capital, Inc. (NYSEAMERICAN:IGC)’s stock price traded up 12.9% during trading on Wednesday . The company traded as high as $1.14 and last traded at $1.14, 761,188 shares changed hands during mid-day trading. A decline of 47% from the average session volume of 1,433,506 shares. The stock had previously closed at $1.01.

India Globalization Capital (NYSEAMERICAN:IGC) last posted its quarterly earnings results on Friday, August 9th. The construction company reported ($0.03) EPS for the quarter. The company had revenue of $1.65 million during the quarter.

A number of large investors have recently bought and sold shares of IGC. Citadel Advisors LLC acquired a new position in India Globalization Capital in the second quarter valued at approximately $65,000. Northern Trust Corp acquired a new position in India Globalization Capital in the second quarter valued at approximately $68,000. Jane Street Group LLC boosted its stake in India Globalization Capital by 308.2% in the second quarter. Jane Street Group LLC now owns 44,782 shares of the construction company’s stock valued at $73,000 after acquiring an additional 33,811 shares during the period. Creative Planning acquired a new position in India Globalization Capital in the first quarter valued at approximately $133,000. Finally, Bank of Montreal Can acquired a new position in India Globalization Capital in the first quarter valued at approximately $135,000.

About India Globalization Capital (NYSEAMERICAN:IGC)

India Globalization Capital, Inc engages in the development and commercialization of cannabis-based therapies to treat Alzheimer's, pain, nausea, eating disorders, several end points of Parkinson's, and epilepsy in humans, dogs, and cats. The company operates through two segments, Legacy Infrastructure and Medical Cannabis Based Alternative Therapies.

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