Ion Exchange (India) jumps on 1.61 bln rupee order win

Ion Exchange (India)

19/09/2024 05:25

** Shares of Ion Exchange (India)  IONX.NS  rise 7.2% to 694
rupees, set for best session in more than 1-1/2 months 
    ** The water treatment firm gets order worth 1.61 billion
rupees ($7.3 million) from Adani Power  ADAN.NS   
    ** Order for 2 x 800 MW units for Raipur and Raigarh power
projects
    ** Stock sees busiest session in nearly a month; more than
1.4 mln shares change hands, nearly four times the 30-day avg 
    ** Stock up ~23% so far this year


($1 = 83.6640 Indian rupees)

 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))