Ion Exchange stock surges after winning long-term project from Petroleum Development  OmanIon Exchange stock surges after winning long-term project from Petroleum Development  Oman

Ion Exchange (India) Limited’s subsidiary in Oman has secured a 20-year contract from Petroleum Development Oman for potable water and sewage facilities, valued at approximately ₹1,730 crore.

Introduction

Leading water solutions firm wins 20-year contract from Petroleum Development Oman for design, build, operation, and maintenance of potable water and sewage facilities, valued at approximately ₹1,730 crore.

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Share price movement of Ion Exchange

On February 11, 2026, Ion Exchange India Ltd opened at ₹402.00, up 3.83% from its previous close of ₹387.20. The stock reached a high of ₹404.95 (4.61%) and a low of ₹391.20 (1.10%). By 3:40 PM, it traded at ₹393.00, a 1.50% increase, with a market cap of ₹5,764.00 crore.

Ion Exchange subsidiary awarded water and sewage project in Oman

Ion Exchange and Company LLC, a subsidiary of Ion Exchange (India) Limited in Oman, has secured a contract from Petroleum Development Oman for potable water and sewage treatment facilities.

The agreement covers design, build, own, operation, and maintenance of the facilities in the South PDO Concession Area. The contract value is OMR 73.46 million, approximately ₹1,730 crore for twenty years.

The project duration is twenty years. The contract is awarded by an international entity. The subsidiary will execute and operate the facilities in Oman as per the agreement terms.

Stock performance of Ion Exchange for period of 1 week, 6 months, and 1 year

Ion Exchange India Ltd gained 7.06% over the past week, declined 10.3% in the past 6 months, and fell 26.9% over the past 1 year.

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Shareholding pattern of Ion Exchange

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	26%	26%	26%
FII	4.70%	5%	5.30%
DII	14.20%	14.30%	14.10%
Public	39.30%	39.00%	38.80%

About Ion Exchange

Ion Exchange (India) Ltd (NSE: IONEXCHANG) provides comprehensive water solutions, including process water, wastewater treatment, recycling, zero liquid discharge, sewage treatment, packaged drinking water, and seawater desalination services.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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