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IONEXCHANG Ion Exchange (India) News Story

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IndustrialsAdventurousMid CapMomentum Trap

Ion Exchange India gains on contracts worth $20 mln

** Shares of Ion Exchange India  IONX.NS  climb as much as
3.5% to 688 rupees
    ** The water treatment firm says it got contracts from
Italy-based engineering and construction company, Tecnimont SpA 
    ** Contracts are worth 1.68 bln rupees ($20 mln), and
include de-oiling and water purification processing services  
    ** Stock up ~20% YTD, at current price 

    ($1 = 83.9400 Indian rupees)

 (Reporting by Manvi Pant in Bengaluru)
 ((Manvi.Pant@thomsonreuters.com; +918447554364;))

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