Antony Waste Handling Cell shines as its arm bags contract worth around Rs 386 crore
Antony Waste Handling Cell is currently trading at Rs. 383.20, up by 14.85 points or 4.03% from its previous closing of Rs. 368.35 on the BSE.
The scrip opened at Rs. 358.00 and has touched a high and low of Rs. 389.30 and Rs. 354.70 respectively. So far 29467 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 439.25 on 17-Oct-2023 and a 52 week low of Rs. 239.05 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 413.95 and Rs. 354.70 respectively. The current market cap of the company is Rs. 1087.64 crore.
The promoters holding in the company stood at 46.23%, while Institutions and Non-Institutions held 19.86% and 33.90% respectively.
Antony Waste Handling Cell’s (AWHCL) wholly owned subsidiary -- AG Enviro Infra Projects has secured an around Rs 386 crore contract for Door-to-Door Collection and Transportation (C&T) of MSW (Municipal Solid Waste) in Panvel Municipal Corporation (PMC). This contract has a period of 5 years with the option for a 2-year extension. According to the tender terms, Panvel Municipal Corporation will procure the entire infrastructure for the project, which will subsequently be entrusted to the company’s operations.
Antony Waste Handling Cell is one of the top five players in the Indian MSW (municipal solid waste) management industry with an established track record of many years, providing full spectrum of MSW services.