The company’s standalone profit after tax (PAT) for Q1 FY24 came in at Rs 38.39 crore, compared to Rs 72.17 crore in the preceding quarter.

Ion Exchange shares continue tumble on Q1 profit dip

Four consistent performers in the Indian stock market have been identified through a screener search, each having delivered over 25% annual return over the last four financial years. Among the firms is Mumbai-based water and environment management specialist Ion Exchange, whose shares have risen by …

Fantastic 4 multibagger stocks that have given at least 25% return in last 4 years. Will history repeat?

Stocks to watch out for today: Adani Transmission, IRCTC, Sun Pharma, M&M, Ion Exchange, Aurobindo Pharma, Balkrishna Industries, SAIL, Grasim and more

Adani Transmission, IRCTC, Sun Pharma, M&M, Ion Exchange among stocks to watch out for today

Ion Exchange shares slipped 6.45% to Rs 3754.6 compared to the previous close of Rs 4013.55 on BSE. Shares of ION Exchange opened 4.07% lower at Rs 3754.60 on BSE.

Ion Exchange shares fall 6% post Q4 earnings; stock split record date on May 26

The company’s fourth-quarter net profit declined 2.42% year-on-year to Rs 81.19 crore.

Ion Exchange Shares Fall Most In Over Five Months Post Q4 Results

ION Exchange shares gained 7.57% to Rs 3894 against the previous close of Rs 3619.90 on BSE. The stock has risen 19% in the five sessions.

Stock of this water treatment firm hits record high; market cap tops Rs 5,700 crore

ION Exchange shares rose 4.2% to Rs 3509.95 compared to the previous close of Rs 3368.40 on BSE. The small cap stock opened higher at Rs 3370.05.

ION Exchange shares rise 4% after board approves stock split, overseas acquisition

The brokerage expects IEILs Revenue/EBITDA/PAT to grow at 17/14/15% CAGR over FY22-FY25E, led by increased execution of orders.

Buy Ion Exchange (India), target price Rs 4020: HDFC Securities

Broker’s call: Ion Exchange (Buy)

Ion Exchange (India) consolidated net profit rises 69.13% in the December 2022 quarter

Ion Exchange share price rose 12.84% to Rs 3040.95 compared to the previous close of Rs 2,694.85 on BSE.

Ion Exchange shares zoom 13% on order win from Indian Oil

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Strong financials and growth story over the years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Ion Exchange (India) Limited is engaged in water and environment management business. The Company offers products, including ion exchange resins, water treatment plants and chemical additives. 