Ingersoll Rand is currently trading at Rs. 479.30, up by 4.60 points or 0.97% from its previous closing of Rs. 474.70 on the BSE.
The scrip opened at Rs. 480.00 and has touched a high and low of Rs. 482.00 and Rs. 476.25 respectively. So far 10636 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 558.50 on 20-Jul-2011 and a 52 week low of Rs. 355.20 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs. 484.85 and Rs. 461.00 respectively. The current market cap of the company is Rs. 1517.16 crore.
The promoters holding in the company stood at 74.00% while Institutions and Non-Institutions held 6.54% and 19.46% respectively.
Ingersoll Rand (India) has laid the foundation stone for new manufacturing facility on April 12, 2012. The said manufacturing facility is located at Kancheepuram district in Tamil Nadu. The foundation stone was laid by Michael W. Lamach, Chairman, President and Chief Executive Officer of Ingersoll Rand Plc. at the ground breaking ceremony held to mark the commencement of construction of the new manufacturing facility.
Last year in September, Ingersoll Rand (India) had entered into a lease with Mahindra World City Developers (MWCDL) for acquiring 10.75 acres of industrial land located at Chengalpattu Taluk in Kancheepuram district in state of Tamil Nadu. The lease was for a period of 99 years.
Ingersoll-Rand (India) is engaged in the business of providing solutions for infrastructure development, industrial solutions and climate control markets. Today, the company has emerged as being amongst the largest exporters of engineered goods in India.