Ingersoll Rand plans to invest Rs. 100 cr in Naroda plant; shares flare up 10%.

Ingersoll Rand India plans to invest Rs. 100 crore in upgrading its manufacturing facility at Naroda, Gujarat, which would aid in the production of complete range of reciprocating, rotary and centrifugal compressors.

The announcement led to a flare up in the share price of Ingersoll Rand (India) by over 10 per cent.


HBL