27 Sep, 12:49 - Indian

SENSEX 85726.82 (-0.13)

Nifty 50 26214 (-0.01)

Nifty Bank 54098.25 (-0.51)

Nifty IT 42483.4 (0.76)

Nifty Midcap 100 60551.25 (0.14)

Nifty Next 50 77510.65 (0.55)

Nifty Pharma 23430.05 (0.77)

Nifty Smallcap 100 19322.95 (0.32)

27 Sep, 12:49 - Global

NIKKEI 225 39829.56 (2.32)

HANG SENG 20525.94 (3.02)

S&P 5808.5 (-0.14)


Hot Pursuit News

You are Here : Home > News > Hot Pursuit News >

(09 Sep 2024, 10:11)

Ion Exchange rises on bagging order worth Rs 168-cr

Ion Exchange (India) advanced 1.76% to Rs 676.90 after the firm received contracts from Tecnimont SpA, Italy for the hail & ghasha development project of ADNOC in UAE, totaling to approximately of Rs 168 crore.


The contract includes de-oiling package, dimeneralisation package and condensate poly unit package. It is to be completed in 61 weeks from project award dates.

Mumbai-based Ion Exchange (India) is engaged in providing water treatment solutions. It offers a wide range of solutions across the water cycle from pre-treatment to process water treatment, wastewater treatment, recycle, zero liquid discharge, sewage treatment, packaged drinking water, sea water desalination etc. The company exports to Africa, Japan, Middle East, Russia, Southeast Asia, Europe, UK, USA, Canada and neighbouring countries.

On a consolidated basis, net profit of Ion Exchange (India) jumped 35.1% to Rs 44.96 crore on 18.4% increase in net sales to Rs 567.57 crore in Q1 June 2024 over Q1 June 2023.

More News
More Company News View Company Information