Antony Waste Handling Cell Shares Soar 19%: What's Behind the Sudden Rally and How It Affects Investors

Investors in Antony Waste Handling Cell Limited woke up to a pleasant surprise on Thursday, December 18, as the company's shares rose sharply by 19% in early trade, defying the broader market trend. This significant surge came on the heels of the company announcing a substantial order win, which has sparked optimism among investors.

What Led to the Sharp Rise?

The rally in Antony Waste Handling Cell's share price was triggered by the company's announcement of winning two large-scale collection and transportation contracts. These contracts, awarded by the Brihanmumbai Municipal Corporation (BMC), are valued at a combined ₹1,330 crore and are set to provide stable long-term revenue visibility over a seven-year tenure.

Contract Details

The contracts were awarded to a consortium comprising AG Enviro Infra Projects Private Limited, a material subsidiary of Antony Waste Handling Cell, holding a 51% stake, along with Jigar Transport Company and MK Enterprises. The joint venture will be responsible for managing the collection and transportation of approximately 1,250 metric tonnes per day (MTPD) of municipal solid waste across key Mumbai wards.

Impact on the Company and Investors

These contracts are expected to strengthen Mumbai's municipal waste infrastructure, improve service reliability, and ensure timely transportation of waste to designated landfill sites. For investors, this development is a welcome boost, especially considering the stock's recent performance. Although the stock has recovered sharply, it is still down 40% from its peak of ₹902 per share recorded in July 2024.

Yearly Performance

In terms of yearly performance, the stock is down 18% in 2025 so far, a sharp reversal from a 27% gain in 2024 and a 58% rally in 2023. The recent surge, however, might signal a turning point for the company's shares.

Remember, this is a perspective based on current market trends and developments. It's essential for investors to do their own research and consult with certified experts before making any investment decisions, especially in a volatile market where waste management and renewable energy sectors are gaining prominence.

Key Points to Consider

• The company's shares rose by 19% in early trade on December 18.
• The surge was due to the announcement of winning two large-scale collection and transportation contracts valued at ₹1,330 crore.
• The contracts will provide stable long-term revenue visibility over a seven-year tenure.
• The development is expected to strengthen Mumbai's municipal waste infrastructure and improve service reliability.