Invesco Mutual Fund increased its stake in Ingersoll Rand (India) Limited from 1.47% to 1.59%. The fund acquired 39,636 additional shares to take its total holding to 5,02,462 shares.
A manufacturer of industrial air compressors and compressed air systems, Ingersoll Rand India serves diverse sectors including manufacturing, construction, mining, and food processing. The company provides comprehensive solutions encompassing equipment design, sales, installation, commissioning, and ongoing maintenance services. Its operations focus on delivering reliable pneumatic technology, technical expertise, and customer support to industrial clients across India and neighboring regions.
Indian subsidiary of Invesco Ltd, a US-listed global investment manager with over USD 1.8 trillion in AUM worldwide. Manages over Rs 1.2 lakh crore in India. Known for its Invesco India Contra Fund, which runs a contrarian, undervalued stock strategy against consensus market positioning. One of the few global AMC franchises maintaining a strong active equity presence in India.
