RCS - India CapitalGrwthFd - Update research from QuotedData
RNS Number : 7468IIndia Capital Growth Fund Limited15 December 2020
India Capital Growth - Update research from QuotedData
15th December 2020
A win-win scenario
India, the world's fifth-largest economy, has rebounded very strongly as COVID-related restrictions have eased; a fact that Gaurav Narain, India Capital Growth's (IGC's) investment adviser, believes has caught many observers by surprise. The key indicators suggest further recovery from here. India's purchasing managers index (PMI) was 56.3 for November - a number above 50 points to an expanding economy. Gaurav says that recent results have generally surprised positively.
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