Ion Exchange Share Price Jumps Over 7% on Securing Orders Worth ₹205 Crore

Ion Exchange (India) Limited has secured new domestic orders worth approximately ₹205 crore, strengthening its presence in India’s fast-expanding solar manufacturing ecosystem.  

The contracts have been awarded by Rayzon Energy Private Limited and INOX Solar Limited for critical water and wastewater infrastructure at upcoming photovoltaic and solar cell facilities. 

Orders From Rayzon Energy And INOX Solar 

The company has received an order valued at around ₹95 crore from Rayzon Energy for a 5.1 GW photovoltaic solar project at Kathwada village in Surat district, Gujarat.  

The scope includes design and execution of ultra-pure water systems, effluent treatment plants, and zero liquid discharge solutions required for process and utility operations. Execution of this project is expected to be completed within nine months from the award date. 

Separately, Ion Exchange has secured a contract of about ₹110 crore from INOX Solar for its solar cell manufacturing facility in Odisha.  

The order covers engineering, procurement and construction of ultra-pure water generation systems, wastewater treatment, and zero liquid discharge infrastructure. This project is scheduled for completion within ten months from the date of award. 

Strengthening Role in Solar Manufacturing Infrastructure 

These orders underline the growing demand for advanced water treatment and recycling solutions as India scales up domestic solar manufacturing capacity.  

Both projects require high-quality water management systems to support large-scale, technology-intensive production processes.  

Read More: Astra Microwave Products Share Price in Focus; Secures Order Worth ₹124 Crore! 

Ion Exchange (India) Share Price Performance  

As of December 16, 2025, at 10:25 AM, Ion Exchange (India) Limited share price is trading at ₹410 per share, reflecting a gain of 7.27% from the previous closing price. Over the past month, the stock has gained by 10.35%. 

Conclusion 

With ₹205 crore of new business from major solar manufacturers, Ion Exchange continues to build momentum in supporting India’s renewable energy supply chain, while expanding its order book across high-growth clean energy infrastructure projects. 

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