High Dividend, Low Risk? Healthy Payout of Rs.25, Record Date Nears; Are You Buying The Stock Today?

Ingersoll Rand (India) is a subsidiary of Ingersoll Rand Inc., a multinational supplier of industrial and flow creation products. It is well recognized for producing, marketing, and other associated services for industrial air compressors. Bangalore, Karnataka, and Naroda, Gujarat, are home to Ingersoll Rand's (India) manufacturing plants. Several well-known brands, such as NASH, CompAir, ARO, Thomas, and Milton Roy, are part of Ingersoll Rand (India).

Ingersoll Rand (India) Dividend

"Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that Ingersoll Rand (India) Limited ("the Company") has fixed Tuesday, July 8, 2025, as the Record Date for determining list of Members entitled to receive the final dividend for the financial year ended March 31, 2025, if approved by the Members at the ensuing Annual General Meeting. As already informed, at the meeting of the Board of Directors of the Company held on May 30, 2025, the Directors have recommended a final dividend of Rs.25/- per equity share of Rs.10 each (250%) for the financial year ended March 31, 2025 subject to the approval of shareholders in the ensuing Annual General Meeting. The dividend, if approved, will be paid on August 22, 2025, subject to deduction of tax at source as under: a. In respect of shares held in physical mode, the dividends will be paid to those members whose names appear in the Register of Members as at the closure of business hours on Tuesday, July 8, 2025. b. In respect of shares held in demat mode, dividends will be paid to those members whose names appear in the list of beneficial owners, as at the closure of business hours on Tuesday, July 8, 2025, as furnished by the Depositories," said Ingersoll Rand (India) in a stock exchange filing.

Ingersoll Rand (India) Dividend Yield & History

According to Trendlyne statistics, Ingersoll-Rand (India) has declared 46 dividends since its first distribution in May 2003, with more to come until July 2025. It paid a total of Rs 75 per share during the previous 12 months, with Rs 20 being the final payment in July 2024 and Rs 55 being the interim in November 2024.

With a share price of about Rs 3865, the stock's current dividend yield is about 1.95% for an annual distribution of Rs 75. With a yield of 2.09%, Simply Wall St. notes that it is in the top 25% of dividend payers in the Indian market. According to in.marketscreener.com, the average dividend yield for Indian industrial machinery and equipment stocks is between 1.7 and 1.9%.

Ingersoll Rand (India) Share Price Target

"Ingersoll-Rand is in a strong uptrend, making higher highs with solid volume support. Immediate resistance is at ₹3,900, and a breakout above this level could lead to a move toward ₹4,050. Support lies at ₹3,700. The trend remains bullish, and dips toward ₹3,750-₹3,770 can offer buying opportunities with a stop-loss below ₹3,700," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.