Water treatment firm Ion Exchange (India) up after $18 mln order win

Ion Exchange (India)

01/02/2024 08:09

** Shares of water treatment company Ion Exchange (India)
 IONX.NS  up 4% at 530.6 rupees 
    ** Co won contract worth 1.52 billion rupees ($18.3 million)
from Material Construction Trading FZCO, UAE
    ** Contract for desalinated water unit for a project in
North Africa, co added    
    ** More than 626,000 shares changed hands by 1:31 p.m. IST,
2x 30-day avg
    ** Stock down 6.4% so far this year after 104% surge in
CY2023 

($1 = 82.9774 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))