Ion Exchange (India) zooms on securing contracts worth Rs 161.19 crore from Adani Power
Ion Exchange (India) is currently trading at Rs. 696.75, up by 49.65 points or 7.67% from its previous closing of Rs. 647.10 on the BSE.
The scrip opened at Rs. 671.55 and has touched a high and low of Rs. 709.30 and Rs. 666.00 respectively. So far 110569 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 767.00 on 26-Jul-2024 and a 52 week low of Rs. 407.00 on 04-Jun-2024.
Last one week high and low of the scrip stood at Rs. 709.30 and Rs. 644.00 respectively. The current market cap of the company is Rs. 10166.19 crore.
The promoters holding in the company stood at 26.20%, while Institutions and Non-Institutions held 18.25% and 55.55% respectively.
Ion Exchange (India) has been awarded Contracts from Adani Power for Comprehensive & Complete Total Water & Environment Management Solution valued at around Rs 161.19 crore for Process & Utility required of 2 x 800 MW units for Raipur & Raigarh Ultra Super Power Projects. The projects are to be completed within 18 months from Project Award dates.
Ion Exchange (India) pioneered water treatment in India and is the country's premier company in water and environment management, with a strong international presence.
