Ingersoll-Rand (India) Ltd Surges in Stock Market, Receives 'Buy' Call from MarketsMOJO

May 15 2024 09:36 AM IST
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Ingersoll-Rand (India) Ltd, a leading manufacturer of compressors and pumps, has seen a surge in its stock price, hitting a 52-week high of Rs. 4566.95 on May 15, 2024. The company has consistently outperformed the sector and the Sensex, with a 'Buy' call from MarketsMojo and a strong upward trend.

Ingersoll-Rand (India) Ltd, a leading manufacturer of compressors and pumps, has been making waves in the stock market with its recent surge in share price. On May 15, 2024, the company's stock hit a 52-week high of Rs. 4566.95, showcasing its strong performance and growth potential.

MarketsMOJO, a leading stock analysis platform, has given a 'Buy' call for Ingersoll-Rand (India) Ltd, further solidifying its positive outlook. The stock has also been a part of MOJO Stocks on MarketsMOJO since February 24, 2023, indicating its consistent performance and reliability.

In terms of price performance, Ingersoll-Rand (India) Ltd has outperformed the sector by 1.83% today. The stock is also trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing its strong upward trend.

In the past year, Ingersoll-Rand (India) Ltd has shown an impressive growth of 81.42%, outperforming the Sensex's performance of 17.39%. This further highlights the company's strong financials and potential for future growth.

With its consistent performance and positive outlook, Ingersoll-Rand (India) Ltd is definitely a stock to watch out for in the midcap segment. Investors can consider adding this stock to their portfolio for long-term growth potential.
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