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An update from Ingersoll-Rand (India) Limited ( (IN:INGERRAND) ) is now available.
Ingersoll-Rand (India) Limited announced the commencement of trial production at its new manufacturing facility in Sanand, Gujarat, which is expected to be fully operational by October 2025. This development marks a significant milestone in the company’s growth strategy, despite previous delays due to monsoon rains and logistical challenges, and is anticipated to enhance the company’s manufacturing capacity for existing and new products.
More about Ingersoll-Rand (India) Limited
Ingersoll-Rand (India) Limited operates in the manufacturing industry, focusing on producing a range of industrial equipment and products. The company is known for its innovative solutions and aims to expand its market presence by enhancing its manufacturing capabilities.
Average Trading Volume: 879
Technical Sentiment Signal: Hold
Current Market Cap: 115.3B INR
For an in-depth examination of INGERRAND stock, go to TipRanks’ Overview page.