Replies to post #1483403 on BB's Stock Haven

[youroldfriendj]

IGC's fundamental is pretty good.
BV is 2.762 per shares
% held by insider and institution is totally of over 87%
only 10.09M Oustanding and 5.62 Float
Cash flow change for the pass three years have been positive and increasing.
EPS has been mostly positive for all the quarters....

"India Globalization Capital, Inc. operates in the infrastructure business in India. The company, through its subsidiaries, Sricon Infrastructure Private Limited and Techni Bharathi Limited, engages in the highway and other heavy construction; mining and quarrying; and civil construction and engineering of high temperature cement and steel plants. It serves various government organizations in India. India Globalization Capital, Inc. is headquartered in Bethesda, Maryland with additional offices in Mauritius, Delhi, Bombay, and Bangalore, India"

The Key is:
In order for India's economy to boom, they have to do alot of CONSTRUCTIONS, such as highway and heavy construction, mining, and etc.