Antony Waste Handling share price rose 8 percent in the early trade on October 7 after the company's subsidiary bagged a contract worth Rs 908 crore from Navi Mumbai Municipal Corporation.
AG Enviro Infra Projects, a wholly owned subsidiary, has successfully secured a Rs 908 crore contract for the Door-to-Door Collection and Transportation (C&T) of Municipal Solid Waste (MSW) in Navi Mumbai, in partnership with NMMC. The contract spans a concession period of nine years.
“Our partnership with NMMC, which has flourished over the past 15 years, has been centered on delivering innovative solutions tailored to the city’s evolving needs. Our collaborative efforts have consistently helped NMMC achieve the top ranking in the Swachh Bharat within the category, underscoring our dedication to excellence. This accomplishment not only solidifies our relationship with NMMC but also reinforces our pledge to foster sustainable growth in Navi Mumbai,” said Jose Jacob, Chairman & Managing Director, Antony Waste Handling Cell.
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The share touched a 52-week high of Rs 902.25 and a 52-week low of Rs 354.70 on 26 July, 2024 and 26 October, 2023, respectively.
Currently, the stock is trading 22.53 percent below its 52-week high and 97.05 percent above its 52-week low.
The share price jumped 86 percent in the last one-year.
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