Ingersoll-Rand (India) Ltd's stock reaches new high, outperforms sector and market
Ingersoll-Rand (India) Ltd, a leading manufacturer of compressors and pumps, has seen a significant rise in its stock performance. On May 16, 2024, the stock closed at a new 52-week and all-time high of Rs. 4912.75, gaining 5.18%. This has caught the attention of MarketsMojo, which has given a 'Buy' call for the stock. The company has also outperformed the sector and the overall market, making it a promising stock in the midcap segment.
Ingersoll-Rand (India) Ltd, a leading manufacturer of compressors and pumps, has been making waves in the stock market with its recent performance. On May 16, 2024, the company's stock gained 5.18%, closing at Rs. 4912.75, which is also its new 52-week and all-time high. This positive trend has caught the attention of MarketsMOJO, a leading stock analysis platform, which has given a 'Buy' call for the stock.
In addition to being a part of MOJO Stocks on MarketsMOJO since February 24, 2023, Ingersoll-Rand (India) Ltd has also outperformed the sector by 0.71% in today's trading session. The stock has been on a consecutive gain for the last three days, with a total rise of 13.39% during this period. It also touched an intraday high of Rs. 4912.75, a 4.7% increase from the previous day.
Moreover, Ingersoll-Rand (India) Ltd is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong uptrend in the stock. The compressors/pumps sector has also seen a gain of 3.51%, further highlighting the positive sentiment in the industry.
In comparison to the overall market performance, Ingersoll-Rand (India) Ltd has outperformed the Sensex by a significant margin. Its 1-day performance stands at 5.07% compared to the Sensex's 0.39%, while its 1-month performance is at 26.98% compared to the Sensex's 0.44%.
With such impressive numbers and a positive outlook, Ingersoll-Rand (India) Ltd is definitely a stock to watch out for in the midcap segment. Investors can take advantage of this upward trend and consider adding this stock to their portfolio.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
