ION Exchange bags orders worth INR 205 Cr from Rayzon Energy and INOX Solar

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Price reactionminutes from the announcement price · days from the prior close

+2.6%Reaction day

₹382.00

prior close

₹390.00

announcement price

After-mkt

timing

Nifty Microcap 250market · index membership as recorded later (tracked since Jun 2026)-0.6%+3.2% vs market

Other Utilities peers, median of 12sector · industry level+0.1%+2.5% vs sector

On the reaction day the stock moved 3.2 pts more than Nifty Microcap 250 and 2.5 pts more than its Other Utilities peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.8

10m

+4.5

15m

+5.2

30m

+6.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.6-0.6+3.2+0.1+2.5

Next day

-1.5-1.5-0.0-1.6+0.1

-2.4-1.8-0.5-3.0+0.7

-2.4-0.6-1.8-1.8-0.6

-1.8+0.8-2.6+1.0-2.7

-2.4+0.8-3.3+1.2-3.6

+1.6-0.2+1.8+1.2+0.4

15d

-3.3+1.1-4.3-1.8-1.5

-8.1-3.5-4.6-9.2+1.1

+0.0-3.2+3.3-10.9+10.9

-10.2-12.8+2.6-20.1+9.9

UpDownMarket · Nifty Microcap 250Sector · Other Utilities peers, median of 12Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

ION Exchange (India) has won orders worth about INR 205 crores from Rayzon Energy and INOX Solar for ultrapure water and wastewater treatment systems. Rayzon's INR 95 crore order is for a 5.1 GW solar project in Surat, and INOX Solar's INR 110 crore order is for a solar cell facility in Odisha. Both are domestic contracts to be completed within 9 to 10 months.

Likely market impact

Strengthens order book with INR 205 Cr new contracts, positive for revenue visibility over coming quarters.