InvestorQ : I bought ingersoll rand for investment at 640 rs..can I hold this pick for long term... it did not fall sharply, when market had fall heavily in march, is there any reason for that...
Adarsha made post

I bought ingersoll rand for investment at 640 rs..can I hold this pick for long term... it did not fall sharply, when market had fall heavily in march, is there any reason for that...

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Mahima Roy answered.
3 months ago


The stock is close to your buy price currently and has a low of Rs.580 so your downside risk is not too high. It has traditional been in the less cyclical infrastructure space and hence should not be a concern. That is why it holds value better than other infra stocks.