Profit ka Dhuaan, Revenue ka Bahaar?
Dekho, Ion Exchange ka Q3FY26 ka net profit ekdum se 58.5% gir kar sirf ₹20.56 Crore reh gaya, jo pichle saal issi quarter mein ₹49.59 Crore tha. Iske peeche ka sabse bada reason bana hai ek ₹16.95 Crore ka exceptional loss, jo labour code adjustments ke chakkar mein hua hai. Abhi jab revenue toh 6.4% badh kar ₹734.44 Crore ho gaya, aur company ne ₹205 Crore ke naye orders bhi jeete hain Rayzon Energy aur INOX Solar se paani ke kaam ke liye, par iss loss ne sab mood kharab kar diya.
Share Price Par Asar: Ekdum Se Giraavat
Isi sab wajah se Friday ko stock market mein hahakaar mach gaya. Share 10.33% tak neeche gir kar ₹322.10 par pahunch gaya, jo April 2023 ke baad sabse low level hai. Subah 10:46 AM tak stock 5.22% girawat mein ₹340.75 par trade ho raha tha, jabki Nifty 50 8.86% upar chal raha tha. Pichhle 12 mahine mein bhi Ion Exchange ka stock 39.02% gir chuka hai, jabki Nifty 50 sirf 0.45% gira hai.
Sector Badh Raha Hai, Par Company...?
Indian water and wastewater treatment sector toh kaafi grow kar raha hai, aur FY2032 tak USD 3.70 billion tak pahunchne ki ummeed hai. VA Tech Wabag aur Thermax jaise competitors bhi iss space mein hain. Lekin Ion Exchange ke liye, yeh profit kam hona, khaas kar engineering segment mein, projects mein challenges aur badhti costs ki wajah se, ek badi headwind lag rahi hai. Company ka market share bhi pichle paanch saalon mein kam hua hai.
Technical View: Support Level Ka Test
Technically dekha jaye toh stock ek downtrend mein hai. Abhi yeh ₹320 aur ₹300 ke support zone ko test kar raha hai. Kuch analysts ko lagta hai ki yeh ₹360-₹370 tak bounce kar sakta hai, agar yeh levels cross karta hai toh trend badalne ki ummeed hai. Par filhaal, iss earnings report ke baad investors ka sentiment kaafi negative ho gaya hai.