Ion Exchange surges as its arm secures contract from Petroleum Development Oman
Ion Exchange (India) is currently trading at Rs. 399.00, up by 11.80 points or 3.05 % from its previous closing of Rs. 387.20 on the BSE.
The scrip opened at Rs. 402.00 and has touched a high and low of Rs. 404.95 and Rs. 391.20 respectively. So far 41180 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 580.65 on 17-Jul-2025 and a 52 week low of Rs. 322.10 on 30-Jan-2026.
Last one week high and low of the scrip stood at Rs. 404.95 and Rs. 357.55 respectively. The current market cap of the company is Rs. 5866.66 crore.
The promoters holding in the company stood at 25.58%, while Institutions and Non-Institutions held 18.89% and 55.52% respectively.
Ion Exchange’s (India) subsidiary -- Ion Exchange and Company LLC, Oman has received contract from Petroleum Development Oman, for the Design, Build, Own, Operation and Maintenance agreement for Potable Water Facility and Sewage Treatment Facility in the South PDO Concession Area aggregating to OMR 73.46 million for a period of twenty years (approximately Rs 1,730 crore).
