Published On:September 9 2024
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"Ion Exchange Shares Surge After Securing ₹168 Crore Order; Details Inside"
Ion Exchange shares climbed up to 3% on Monday, reaching an intraday high of ₹685.20 on the BSE, following the company’s announcement of a ₹168 crore order. The contract, awarded by Italy-based Technimont SpA, is for the Hail & Ghasha Development Project of the Abu Dhabi National Oil Company (ADNOC) in the UAE. The project is expected to be completed within 61 weeks from the award date, according to the company's filing with the exchange.
Ion Exchange (India) Ltd, a leader in water treatment, provides a comprehensive range of solutions for industries, homes, and communities. The company offers technologies and services for water and wastewater treatment, including water process systems, filtration, disinfection, membrane technologies, and ion exchange resins. It is one of the few companies worldwide with a full spectrum of water and wastewater treatment technologies.
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