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Ingersoll Rand gains on inaugurating new green-field manufacturing plant near Chennai

21 Mar 2013 Evaluate

Ingersoll Rand (India) is currently trading at Rs. 392.40, up by 4.10 points or 1.06% from its previous closing of Rs. 388.30 on the BSE.

The scrip opened at Rs. 399.45 and has touched a high and low of Rs. 399.45 and Rs. 392.00 respectively.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 543.70 on 18-Apr-2012 and a 52 week low of Rs. 387.00 on 20-Mar-2013.

The current market cap of the company is Rs. 1,238.00 crore.

The promoters holding in the company stood at 74.00% while Institutions and Non-Institutions held 7.71% and 18.29% respectively.

Ingersoll Rand (India) has inaugurated its new green-field manufacturing plant in Mahindra World City, near Chennai. The new manufacturing facility will manufacture a wide range of equipment including Bus and Truck air conditioners and Commercial Heating, Ventilation and Air conditioning products. The delivery of products manufactured and distributed from the new facility will begin in May 2013.

The new manufacturing facility reinforces company's overall growth strategy to drive innovation, technology and product development specifically catering to markets such as industrial efficiency, transportation, food security, environmental control in buildings and energy management. Products and solutions manufactured in this facility will be for both the Indian as well as global markets.

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.

Ingersoll Rand Share Price

4106.05 19.00 (0.46%)
17-Apr-2026 16:59 View Price Chart
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