Today, the Exec. Chairman & CEO of India Globalization Capital Inc (NYSE: IGC), Ram Mukunda, sold shares of IGC for $93K.
In addition to Ram Mukunda, one other IGC executive reported Sell trades in the last month.
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Based on India Globalization Capital Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.48 million and GAAP net loss of $512.3K. In comparison, last year the company earned revenue of $52.93K and had a GAAP net loss of $432.1K. Currently, India Globalization Capital Inc has an average volume of 8.81M.
The insider sentiment on India Globalization Capital Inc has been negative according to 14 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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India Globalization Capital, Inc. engages in the development and commercialization of cannabinoid based alternative therapies for indications such as Alzheimer’s disease, Parkinson’s disease, and pain. It operates through Legacy Infrastructure and Alternative Therapies segments.
