Water treatment firm Ion Exchange (India) slides to over 3-mth low

Ion Exchange (India)

29/01/2024 08:35

** Shares of Ion Exchange (India)  IONX.NS  fall as much as
5.3% to 520.85 rupees, their lowest level since Oct. 12
    ** Water treatment solutions firm reported 0.9% Y/Y fall in
Q3 profit on Thursday
    ** Rev from ops grew 8.1% Y/Y, while total expenses rose 8% 
  
    ** Stock gained 8.5% in Q3, its slowest quarterly growth
since June 2022
    ** IONX has fallen 7% so far this year



 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))