India's Ion Exchange rises on bagging two contracts worth nearly 2 billion rupees

Ion Exchange (India)

16/12/2025 04:35

** Water management firm Ion Exchange India IONX.NS rises 7.45% to 410.65 rupees, highest level since Sept 25

** Co gets utility and water generation contracts totaling 2.05 billion rupees ($22.58 million) from two energy firms

** Both orders to be executed within a year

** YTD, IONX shares down about 37%

($1 = 90.7700 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))