This small-cap waste management stock should be on your watchlist!
Shares of this company have given more than 30 per cent returns in the last six months.
Antony Waste Handling Cell (AWHCL), a leading player in Indian waste management, is poised for future success. The company’s strong market presence, diverse services, and focus on high-margin projects like waste-to-energy are key drivers. Government efforts to promote waste management and rising urbanization, which generate more waste, benefit AWHCL. The company has also completed capital expenditures, allowing them to focus on profit generation. Additionally, escalation clauses in contracts ensure stable margins despite rising costs.
AWHCL prioritizes high-margin projects like their recently inaugurated 14 MW waste-to-energy plant in Pimpri Chinchwad. This state-of-the-art facility converts waste into clean energy, reducing reliance on fossil fuels. The plant's 99 per cent power load factor in the last three weeks demonstrates its success.
AWHCL recently secured a Rs 77 crore contract for bio-mining Municipal Solid Waste (MSW) with CIDCO. This project involves reclaiming a landfill site near Taloja by processing legacy waste within 730 days. AWHCL prioritizes sustainability through bio-remediation techniques and a Material Recovery Facility to sort waste and recover resources.
AWHCL plans to expand geographically and explore bio-mining further. They are also embracing new technologies for better waste processing and resource recovery. These initiatives solidify their position as one of the leader in the waste management industry and position them for sustainable long-term growth.
Disclaimer: The article is for informational purposes only and not investment advice.
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