75 per cent Returns in Just 1 Month & Heavy Buying; Keep This Waste Management Stock on Your Radar as It Hits 52-Week High on Friday!
The company's shares have delivered an impressive return of over 180 per cent to their shareholders in just one year.
Antony Waste Handling Cell Ltd is engaged in mechanical road sweeping, waste collection and transportation, waste-to-energy projects, and the design, construction, operation, and maintenance of integrated waste management facilities. Notably, the company manages a major waste management facility in Kanjurmarg, Mumbai. With approximately 20 years of experience, the company is recognized as one of the top five players in the Indian municipal waste management industry.
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In the past month, Antony Waste Handling Cell Ltd's stock has attracted significant investor attention, surging over 75 per cent. The stock closed Friday’s trading session at Rs 880.55 on the BSE, with a market capitalization of Rs 2,499.19 crore. Over the last year, the shares have delivered a multibagger return of over 180 per cent.
As per the Quarterly Results in Q4 FY24 Antony Waste Handling Cell Ltd reported revenue of Rs 210 crore, representing a year-on-year growth of 4.17 per cent from Rs 202 crore last year. The company posted an operating profit of Rs 36 crore, compared to a profit of Rs 32 crore in the same quarter last year. The company’s net profit stood at Rs 30 crore in the Q4 FY24.
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According to the latest update, the promoters' stake stood at 46.07 per cent while the public investors hold a 37.93 per cent stake in the company. FIIs and DIIs own a 10.79 per cent and 5.14 per cent stake in the company.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.