Ingersoll Rand India Ltd.

77
*Ingersoll Rand India Ltd.*

P&F Formation on Semi-Decadal Basis.
Double Bottom Bounce up on Yearly Basis.
Rising W on Weekly Basis.

Continued Traction of Vol. to be watched
RSI: 1H <D<W>M. All in Bullish Zone.
EMAs: Widening Gaps amongst 20 50 100 200 levels at Monthly Basis.

*Trail SL with Upside*
*Book Profit as per Risk Appetite*

Improving Financials. Rising Revenue on Yrly basis. Improving TNW, Negligible Debt. Good Turnover/FA ratio. Good WC Cycle. +ve CF from Ops. Constant Promoter Stake. Oscillating FII / Increasing DII Stake. Low Float.

Concerns:
Conting. Liability of Rs.118 Crs.

*This is an Opinion. Do your own research as well.*
*_Happy Investing_*🤓

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