{"id":118437,"date":"2024-02-01T17:13:38","date_gmt":"2024-02-01T11:43:38","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=118437"},"modified":"2024-02-01T17:30:46","modified_gmt":"2024-02-01T12:00:46","slug":"mukul-agrawal-stock-jumps-5-after-it-received-an-order-worth-152-46-cr","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-5-after-it-received-an-order-worth-152-46-cr\/","title":{"rendered":"Mukul Agrawal stock jumps 5% after it received an order worth \u20b9 152.46 Cr"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1557701435\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of the small-cap stock gained 5 % to \u20b9534.95 per share on Thursday after the company received a work order worth \u20b9152.46 crore in North Africa.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1817259017\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>On Thursday, Ion Exchange Ltd shares closed at \u20b9 523 per share, up 2.59 percent from the previous close price on the exchange. The company has a market value of \u20b97,677 crores.&nbsp;<\/p><p>Ion Exchange has awarded a Contract from Material Construction Trading FZCO, UAE for Engineering, Manufacturing, Delivery to site, supervision of erection, commissioning, and start-up of a Desalinated water unit for a Project in North Africa at a contract value of \u20b9152.46 crores.&nbsp;<\/p><p>The project is to be completed within 8 months from the date of the Letter of Acceptance. The company reported in its exchange filing.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1301743253\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Ion Exchange is a pioneer in water, wastewater treatment &amp; environment solutions and caters to various industries, institutions, homes &amp; communities.&nbsp;<\/p><p>The company has seven manufacturing &amp; assembly facilities across India, and one each in Bangladesh, UAE, and Indonesia.&nbsp;<\/p><p>Ion Exchange (India) Ltd Revenue has increased modestly year on year, by 8% from \u20b9512 crore in Q2FY23 to \u20b9554 crore in Q2FY24. Within the stated time range, the net profit has marginally declined from \u20b948 crore to \u20b947 crore.&nbsp;<\/p><p>Ion Exchange (India) Ltd shares have gained 5% in the last six months and 86% in a year.&nbsp;<\/p><p>The company\u2019s marquee clients include NTPC, NPC, Reliance, IOCL, JSW, CPCL, L&amp;T, Nippon Steel, Nayara Energy, IRCTC, BHEL, and Tata Group.&nbsp;<\/p><p>As of the December quarter of 2023-24, The Marquee Investor Mukul Mahavir Agrawal holds 15,00,000 equity shares, representing a 1.02% stake in the company.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-2325900967\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company has a global presence apart from presence in major cities in India with 36+ sales &amp; service centers and 100+ Channel Partners. as well as exports to Africa, Japan, the Middle East, Russia, Southeast Asia, Europe, the UK, the USA, Canada, and neighboring countries.<\/p><p>In FY23, The company received 60% revenue from the Engineering segment, followed by 30% from the Chemicals segment and 10% from consumer products.&nbsp;<\/p><p><strong>Written by Omkar Chitnis&nbsp;<\/strong><\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\">Disclaimer<\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3980660117\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of the small-cap stock gained 5 % to \u20b9534.95 per share on Thursday after the company received a work order worth \u20b9152.46 crore in North Africa.&nbsp; On Thursday, Ion Exchange Ltd shares closed at \u20b9 523 per share, up 2.59 percent from the previous close price on the exchange. The company has a [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":28546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,13525],"tags":[],"class_list":["post-118437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-stock-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Mukul Agrawal stock jumps 5% after it received an order worth \u20b9 152.46 Cr - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of the small-cap stock gained 5 % to \u20b9534.95 per share on Thursday after the company received a work order worth \u20b9152.46 crore in North Africa.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-5-after-it-received-an-order-worth-152-46-cr\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Mukul Agrawal stock jumps 5% after it received an order worth \u20b9 152.46 Cr\" \/>\n<meta property=\"og:description\" content=\"The shares of the small-cap stock gained 5 % to \u20b9534.95 per share on Thursday after the company received a work order worth \u20b9152.46 crore in North Africa.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-5-after-it-received-an-order-worth-152-46-cr\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-01T11:43:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-01T12:00:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/03\/Markets-7-Cover-Image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-5-after-it-received-an-order-worth-152-46-cr\/\",\"url\":\"https:\/\/tradebrains.in\/features\/mukul-agrawal-stock-jumps-5-after-it-received-an-order-worth-152-46-cr\/\",\"name\":\"Mukul Agrawal stock jumps 5% after it received an order worth \u20b9 152.46 Cr - 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