Ion Exchange India Ltd receives order from Indian Oil Corporation Ltd

Ion Exchange India Ltd has received a Letter of award from Indian Oil Corporation Limited (IOCL), for the work of Water Treatment Plant including Reverse Osmosis, Demineralization Plant, Condensate Polishing Unit, Zero Liquid Discharge Plant and Operation and Maintenance for two years and Annual Maintenance Charges for five years for their Panipat refinery capacity expansion project (P-25) at Panipat, Haryana, India at a contract value of INR 726.13 crores plus GST. The project is to be commissioned within 24 months from the date of Letter of Acceptance.

Shares of ION EXCHANGE (INDIA) LTD. was last trading in BSE at Rs. 2694.85 as compared to the previous close of Rs. 2613.55. The total number of shares traded during the day was 2737 in over 1065 trades.

The stock hit an intraday high of Rs. 2743.95 and intraday low of 2613.55. The net turnover during the day was Rs. 7372306.00.

Source : Equity Bulls

Keywords

IONEXCHANGEINDIA INE570A01014 OrderWin IOC WaterTreatmentPlant