IGC - India Globalization Capital, Inc.

NYSE American - NYSE American Delayed Price. Currency in USD
3.18
-0.99 (-23.74%)
At close: 4:00PM EDT
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Previous Close4.17
Open4.15
Bid0.00 x 900
Ask0.00 x 2200
Day's Range3.00 - 4.15
52 Week Range0.36 - 14.58
Volume9,021,326
Avg. Volume14,756,713
Market Cap115.586M
Beta (3Y Monthly)3.35
PE Ratio (TTM)N/A
EPS (TTM)-0.08
Earnings DateFeb 19, 2018 - Feb 23, 2018
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • MarketWatch16 hours ago

    New Age Beverages dumps board member who settled with SEC

    New Age Beverages Corp. disclosed Friday afternoon that a board member resigned after the company learned that he had previously settled a disciplinary action with the Securities and Exchange Commission. The beverage company, which plans to launch drinks with a cannabis-derived compound commonly known as CBD, said in a filing with the SEC that it "was apprised of previously undisclosed information relating to Robert J. Evans and Pennington Capital Management LLC stemming from a November 2014 Securities and Exchange Commission Order" on Thursday. That order required board member Evans and Pennington Capital Management to pay $165,000 to settle charges of illegally buying shares in a secondary offering that they had previously shorted in a restricted period, without admitting nor denying guilt. Companies that sell or plan to sell CBD beverages, such as New Age Beverages and India Globalization Capital Inc., or IGC, have been caught up in a volatile market for cannabis-related stocks around Canada's legalization of recreational marijuana sales this week. New Age Beverages shares have jumped 193% in the past three months, as the S&P 500 index has declined 1.3%.

  • TheStreet.com22 hours ago

    India Globalization Drops 10% as Other Pot Stocks Gain on New Canada Law

    fell about 10% to $3.40 Friday, October 19, as the pot stock struggles for a second straight day in spite of the legalization of recreational cannabis in Canada earlier this week. The legalization of cannabis in Canada wasn't the only bit of good news for Bethesda, Maryland-based IGC this week, as the company also announced that it is targeting a March roll out in Canada for its low-dose THC-based formulation to treat Alzheimer's disease.

  • ACCESSWIRE2 days ago

    Stocks in Position to Beat the Failing Market

    HENDERSON, NV / ACCESSWIRE / October 18, 2018 / There has been some bad news in the market recently causing some securities to sell off. This has made for some desirable buying opportunities for savvy ...

  • Pot ‘Poster Child’ Eyes March Rollout for Alzheimer's Product
    Bloomberg3 days ago

    Pot ‘Poster Child’ Eyes March Rollout for Alzheimer's Product

    “Today was monumental,” India Globalization Capital’s Chief Executive Officer Ram Mukunda said in an interview. “We were waiting for it to become legal,” Mukunda said in a phone interview. IGC, which turned heads in 2013 when it added a cannabis pharmaceuticals business to its existing infrastructure legacy, has applications pending for eight patents, with its Hyalolex formulation for Alzheimer’s its leading candidate.

  • TheStreet.com3 days ago

    Pot Stocks Get Routed on the Same Day Cannabis Is Legalized in Canada

    Cannabis is officially legal in Canada Wednesday, but stocks in the segment are falling across the board.

  • All the potential red flags for investors in IGC, the pot stock that jumped 1,000% in three months
    MarketWatch3 days ago

    All the potential red flags for investors in IGC, the pot stock that jumped 1,000% in three months

    Shares of a company that says it wants to make a line of CBD-infused drinks have run up dramatically, but is there any real news behind the move?

  • Business Wire4 days ago

    IGC Announces Financial Results for Quarter Ended September 30, 2018

    India Globalization Capital, Inc. announces financial results for the quarter ended September 30, 2018, which is the second quarter of its 2019 fiscal year.

  • ACCESSWIRE5 days ago

    Why This Company is Set for a Major Breakout

    HENDERSON, NV / ACCESSWIRE / October 15, 2018 / With the broader market tanking it is likely investors will find safe haven in cannabis and biotech stocks because they are both innovative sectors. An incredibly ...

  • ACCESSWIRE9 days ago

    CBD Beverages Drawing Major Attention

    HENDERSON NV / ACCESSWIRE / October 11, 2018 / Some of the world's biggest beverage makers are looking to add cannabis-infused drinks to their lineups. Corona brewer Constellation Brands said last month ...

  • ACCESSWIRE10 days ago

    This Week’s Biotech and Cannabis Stocks to Watch

    HENDERSON, NV / ACCESSWIRE / October 10, 2018 / Stocks in the biotech and cannabis industries provide investors the largest gains. That’s why we always have our ear to the ground for the best opportunities ...

  • Business Wire11 days ago

    IGC Files Provisional Patent to Protect IP for CBD-Infused Energy Drink

    India Globalization Capital, Inc. (NYSE AMERICAN: IGC) today announced that it has filed a provisional method and composition patent application (IGC-509) with the U.S. Patent and Trademark Office (USPTO) for the treatment of fatigue and energy restoration. The filing is for a provisional patent and no assurance can be given as to whether or when a registered patent may be granted by the USPTO in the future. This patent filing made on October 4, 2018, is one of a series of steps in the Company’s development and commercialization plan to support the creation of a branded, hemp/CBD sugar-free energy drink, which was previously disclosed by the Company on September 25, 2018.

  • Why Marijuana Stocks Tilray, New Age Beverages, and India Globalization Capital Slumped Today
    Motley Fool11 days ago

    Why Marijuana Stocks Tilray, New Age Beverages, and India Globalization Capital Slumped Today

    Find out why investors soured on cannabis companies.

  • The 3 Most Dangerous Marijuana Stocks
    Motley Fool11 days ago

    The 3 Most Dangerous Marijuana Stocks

    Though the cannabis industry is budding, these pot stocks are at high risk of going up in smoke.

  • MarketWatch15 days ago

    IGC's stock tumbles toward biggest ever decline, again

    Shares of India Globalization Capital Inc. plunged toward its biggest-ever one-day decline, as they extended their pullback following the meteoric run up after the company said it was entering the cannabidiol-infused energy drink space. The stock plummeted 37.1% in afternoon trade, the biggest decline since it went public in April 2006, amid a broad selloff in cannabis stocks. The three biggest declines have occurred over the past three sessions, including a 31.9% selloff on Wednesday and Thursday's 27.6% dive. Before that, the biggest decline was 27.0% on Feb. 19, 2009. The current three-session losing streak follows a near six-fold run up in five days (up 458%). Among other more-active marijuana stocks, New Age Beverages Corp. slipped 0.4%, Tilray Inc. lost 7.2%, Cronos Group Inc. shed 7.7%, Canopy Growth Corp. dropped 3.8% and Aurora Cannabis Inc. gave up 2.3%. Meanwhile, Level Brands Inc.'s stock rallied 14%. The ETFMG Alternative Asset ETF tumbled 3.1% with 27 of 33 components losing ground, while the S&P 500 lost 1.1%.

  • ACCESSWIRE15 days ago

    DEA Ruling Makes CBD Stocks Hotter Than Ever

    HENDERSON, NV / ACCESSWIRE / October 5, 2018 / Last week, the DEA announced it has taken some cannabidiol off the most restrictive class of controlled substances, a move that allows the sale of the first ...

  • TheStreet.com15 days ago

    Tilray Upsizes and Prices $450 Million Debt Offering: LIVE MARKETS BLOG

    announced that it upsized its debt offering to $450 million from $400 million while also pricing the offering of the convertible senior notes due 2023. Tilray shares were up 0.65% after rising 4.3% in premarket trading. Tilray also granted the initial purchasers of the notes an option to buy an additional $67.5 million aggregate principal amount of notes.

  • Marijuana investors got burned by Pepsi — how to avoid this mistake in the future
    MarketWatch15 days ago

    Marijuana investors got burned by Pepsi — how to avoid this mistake in the future

    The marijuana momo (momentum) crowd was excited about PepsiCo reporting its earnings and perhaps giving hints about entering a new market. My purpose of writing this column is to help marijuana investors avoid this kind of mistake. For the sake of complete transparency, those are exactly the same charts without any changes that were previously published at the time of Pepsi (PEP) releasing its earnings.

  • ACCESSWIRE16 days ago

    3 Cannabis Stocks To Watch Before October 17

    CORAL GABLES, FL / ACCESSWIRE / October 4, 2018 / The cannabis industry and marijuana stocks continue to gain interest in the markets this month. October 17 will mark the day that Canada will be able to begin legally selling recreational marijuana across the country. The company reported recently that it will be seeking to reinstate its listing on the OTC Markets by way of filing a registration statement with the Securities and Exchange Commission.

  • This New Cannabis Craze Has Made Early Investors Rich
    Motley Fool16 days ago

    This New Cannabis Craze Has Made Early Investors Rich

    Forget about smoking pot -- these stocks are smoking even if their products aren't.

  • Why Century Aluminum, Select Income REIT, and India Globalization Capital Slumped Today
    Motley Fool17 days ago

    Why Century Aluminum, Select Income REIT, and India Globalization Capital Slumped Today

    Find out which of these stocks suffered from potentially dilutive stock offerings.

  • TheStreet.com17 days ago

    Wednesday Wrap-Up: Tripping Up Tesla

    Here are the top stories on TheStreet. has made a lot of headlines since early last week when the Securities and Exchange Commission announced that it was fining the automaker and its founder and CEO, Elon Musk. Shares fluctuated Wednesday morning following yet another set of negative headlines surrounding the clean-energy carmaker, including revelations that Musk threatened to leave the group if he was forced to settle fraud charges with the SEC, reported TheStreet's Martin Baccardax.

  • Marijuana beverages are the new thing, but investors should only take sips
    MarketWatch17 days ago

    Marijuana beverages are the new thing, but investors should only take sips

    It takes skill to trade marijuana stocks, especially marijuana-beverage stocks, which are not good long-term investments.

  • TheStreet.com17 days ago

    The Madness of India Globalization Capital

    IGC suddenly left the realm of the penny stock universe when the firm announced its intention to enter the CBD-infused energy drink market.

  • Business Wire18 days ago

    IGC Completes At-The-Market Offerings

    India Globalization Capital, Inc. (NYSE AMERICAN:IGC) announced today that it completed its at-the-market equity offering programs described in its prospectus supplements dated September 24, 2018 and October 1, 2018 and filed with the SEC. In total, 5,654,375 shares of common stock were sold at a weighted average stock price of approximately $5.30, representing gross proceeds of approximately $30.0 million. Following the completion of the programs, IGC has approximately 36,692,848 shares of common stock outstanding.