IGC — India Globalization Capital Inc

Founder-Led

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About India Globalization Capital Inc

IGC Pharma, Inc., a clinical stage pharmaceutical company, develops novel therapeutic candidates for neuropsychiatric and neurodegenerative disorders, with a primary focus on Alzheimer's disease in the United States and Colombia. The company's lead product is IGC-AD1 that is in Phase II clinical trial for the treatment of agitation in dementia due to Alzheimer's. Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$0.29
Market Cap$29.5M
Float83.7M
Shares Outstanding98.8M
Price/Sales (TTM)26.71
vs. Analyst Target+1322.4% to analyst PT
Operating Margin (TTM)-1517.80%
Revenue (TTM)$1.1M
Dividend RateNone
Analyst Target Price$4.13 (2 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2021 $898,000 -$8.8M -$349,000 -$8.3M
2022 $397,000 -$15.0M $194,000 -$14.4M
2023 $911,000 -$11.5M -$158,000 -$10.8M
2024 $1.3M -$13.0M $733,000 -$9.2M
2025 $1.3M -$7.1M $619,000 -$6.8M
2026 $869,000 -$4.1M $297,000 N/A

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Mar 2025 $330,000 -$1.2M
Jun 2025 $328,000 -$1.6M
Sep 2025 $191,000 -$1.8M
Dec 2025 $350,000 -$726,000

Ownership & Float

Insider Ownership9.8%
Institutional Ownership23.3%
Short Float1.4%
% of All Funds Holding0.40%
Number of Funds Holding33

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$0.30Near-term / short-term trend
Weekly40-Week SMA$0.33Medium-term trend
Weekly80-Week SMA$0.33Cyclical trend (business cycle)
Weekly200-Week SMA$0.36Secular trend (multi-year)
Monthly10-Month SMA$0.33Near-term monthly trend
Monthly20-Month SMA$0.33Medium-term monthly trend
Monthly40-Month SMA$0.35Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Volume shelf data not available.

Historical Earnings Reactions (70 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.00% 0.00% 44.29% 17.24% -18.75%
1 Day -1.02% 0.00% 32.86% 31.25% -26.97%
1 Week -4.51% -5.96% 25.71% 62.70% -44.94%
2 Weeks 0.64% -6.69% 24.29% 483.78% -89.35%
1 Month 6.99% -5.69% 35.71% 508.11% -84.60%

Next earnings: June 26, 2026 (40 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan0.9%40.0%20
Feb29.5%45.0%20
Mar5.8%45.0%20
Apr-1.4%50.0%20
May6.7%36.8%19
Jun0.7%40.0%20
Jul-5.9%35.0%20
Aug10.9%35.0%20
Sep17.9%55.0%20
Oct-5.0%25.0%20
Nov-4.7%30.0%20
Dec-3.8%35.0%20

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday 0.26% 34.0% 942
Tuesday -0.09% 33.7% 1030
Wednesday 0.48% 33.8% 1030
Thursday 0.11% 36.3% 1011
Friday 0.47% 36.1% 1008

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 23.3%

Insider Transactions — Smart Summary

Total insider ownership: 9.8%

Founder-led management: Ram Mukunda (Founder, President, CEO & Director)

Full insider transaction history and smart buy/sell sentiment summary available on Trend Edge.

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for India Globalization Capital Inc (IGC) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for IGC on Trend Edge →