The stock has risen more than 50% in the last six months.
On February 2, 2023, ION Exchange (India) Limited has received a Certificate of Commendation from Indian Oil Corporation Limited (IOCL) for its work on water treatment plants including reverse osmosis, desalination plants and condensate polishing units was notified in the replacement application. , his two-year zero liquid discharge plant and operation and maintenance of the Panipat Refinery Capacity Expansion Project, Panipat, Haryana, India, and annual maintenance fees for five years, amounted to Rs 726.13 crore and his contract value of GST am. The project will be commissioned within 24 months from the date of the letter of acceptance.
Ion Exchange (India) is committed to a wide range of solutions for the entire water cycle, from pretreatment to process water treatment, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water and seawater desalination.
The stock opened today at Rs 3040.95 with highs and lows at Rs 3040.95 and Rs 2687.60. The share closed at Rs 2792.00, up 3.61%.
Over the past six months, the company’s stock has returned over 50%, and on a YTD basis, the stock has returned about -0.30%.
The stock has a 52-week high of Rs 3055.00 and a 52-week low of Rs 1570.70. The company has a ROCE of 34.4% and an ROE of 26.5% with a market capitalization of Rs 4.119 billion.