I think this stock will be a wealth maker in the long term. Bonus point is Promoters holding 75%(Max. holding according SEBI guidelines) and FII's holding increasing continuously and company paying nice dividends and reinvesting of it's earnings and doing expansions. Recently company announce that they will setting up own new plant in GUJRAT. The Co. serves Industries like Aerospace, Chemical Plastics & Rubber, Consumer, Electronics and semiconductors, Environmental, Food & Beverage, among others. Co. has a strong brand presence in the Indian compressor market with a dominant market share of over 45% in the centrifugal compressor segment.
Working Segment:- Ingersoll-Rand (India) Ltd. engages in the manufacture and sale of industrial air compressors. The firm offers products under the following brands: Club Car, Ingersoll Rand, Thermo King, Trane, ARO, American Standard, Ameristar, ARO, BuTech and much more. The company was founded in 1921 and is headquartered in Bengaluru, India.
Working Segment:- Ingersoll-Rand (India) Ltd. engages in the manufacture and sale of industrial air compressors. The firm offers products under the following brands: Club Car, Ingersoll Rand, Thermo King, Trane, ARO, American Standard, Ameristar, ARO, BuTech and much more. The company was founded in 1921 and is headquartered in Bengaluru, India.