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Ion Exchange (India) trades lower despite reporting 20% rise in Q2 consolidated net profit

13 Nov 2024 Evaluate

Ion Exchange (India) is currently trading at Rs. 632.35, down by 7.25 points or 1.13% from its previous closing of Rs. 639.60 on the BSE.

The scrip opened at Rs. 639.60 and has touched a high and low of Rs. 662.20 and Rs. 625.25 respectively. So far 26644 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 767.00 on 26-Jul-2024 and a 52 week low of Rs. 407.00 on 04-Jun-2024.

Last one week high and low of the scrip stood at Rs. 711.15 and Rs. 625.25 respectively. The current market cap of the company is Rs. 9286.20 crore.

The promoters holding in the company stood at 25.92%, while Institutions and Non-Institutions held 18.67% and 55.41% respectively.

Ion Exchange (India) has reported 15.90% in its net profit at Rs 50.74 crore for the quarter ended September 30, 2024 as compared to Rs 43.78 crore for the same quarter in the previous year. Total income of the company increased by 21.70% at Rs 601.54 crore for Q2FY25 as compared to Rs 494.29 crore for the corresponding quarter previous year.

On consolidated basis, the company has reported 19.57% rise in net profit at Rs 50.64 crore for Q2FY25 as compared to Rs 42.35 crore for the same quarter in the previous year. Total income of the company increased by 21.43% at Rs 658.82 crore for Q2FY25 as compared to Rs 542.53 crore for the corresponding quarter previous year.


ION Exchage Share Price

400.25 4.40 (1.11%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
VA Tech Wabag 1390.95
ION Exchage 400.25
Race Eco Chain 133.00
RESGEN 65.08
GEM Enviro 47.27
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