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GlobeNewswire (Tue, 4:15PM)
India Globalization Capital Announces Financial Results for the Third Quarter Ended December 31, 2013GlobeNewswire (Feb 18, 2014)
India Globalization Capital Executes Off Take Agreement to Support Production Growth of High-Grade Iron OreGlobeNewswire (Jan 30, 2014)
IGC vs. ETF Alternatives
India Globalization Capital, Inc. is engaged in civil construction of roads and highways, the construction and maintenance of high temperature cement and steel plants, operations and supply of rock aggregate and the export of iron ore to China.
Thursday, Sep 52013, 12:45 PM|Thursday, Sep 52013, 12:45 PM| Comment!
Friday, Aug 302013, 12:45 PM|Friday, Aug 302013, 12:45 PM| 3 Comments
Monday, Aug 192013, 7:29 AM
Monday, Jul 82013, 11:30 AMIndia Globalization Capital (IGC +12%) pops today after saying it signed an iron ore supply pact with Mon Resources International on July 3. Under terms of the pact, IGC will purchase 126K metric tons of 54% iron ore delivered to its hub on Mongolia's border with China. IGC's Chinese subsidiary will then beneficiate this ore to 66% Fe content ahead of its sale to the steel mills. The shipments are expected to begin in August and projected to generate between $10Mto $12M in revenue, based on current pricing. |Monday, Jul 82013, 11:30 AM| Comment!