Antony Waste Handling Cell Ltd (NSE: AWHCL): After the release of the general budget on the 23rd of July, the market was in a frenzy to purchase shares in the water management as well as the waste disposal companies.
The share rose about 16 percent BSE during trade on Friday. The Ion Exchange shares rose 16 percent to reach Rs 767.
The waste management stock of Rs 855 with a 174 percent return last year, is expected to more gains.
Antony Waste Handling Cell rose 11 percent, bringing the price to Ra 902.25. In the same way, EMS shares rose 14 percent, and VA Tech Wabag shares rose 6 percent.
Let us inform you that following an announcement about Budget 2024-2025 made by Finance Minister Nirmala Sitharaman on Tuesday, the share is at the highest level ever.
This stock has risen by 35 percent over the last three trading days.
What Was Announced In The Budget?
Finance Minister Nirmala Sirtharaman announced in her budget speech that the government will push for water supply, treatment of sewage, and waste treatment and services that will be provided to 100 major cities with bankable projects.
How Much Rise In Which Company’s Stock?
Following the announcement of the budget, the share price at Antony Waste Handling Cell has grown by 35 percent in the past 4 trading days.
This is the leading business in the area in the field of management and disposal. In the meantime, EMS shares have jumped by 30 percent.
The share of the waste management firm has increased by 122 percent since the low it hit at Rs 392.60 on the 4th of June.
The stock has gained 314 percent since the IPO value of Rs 211. EMS started trading in the Stock exchange on the 21st day of September 2023.
In the meantime, Ion Exchange shares have increased by 22 percent following the budget. Nippon India Mutual Fund holds a 5.17 percent stake in the business.
Ion Exchange is active in the the water cycle, from pre-treatment through process water treatment and recycling, wastewater treatment sewage treatment, and more.
Antony Waste Handling Cell Stock Performance
| Current Price | ₹ 885 |
| 52-wk High | ₹ 902 |
| 52-wk Low | ₹ 312 |
| 5 Days Return | 47.11% |
| 1 Month Return | 77.69% |
Key Fundamentals Parameters
| Market Cap | ₹ 2,499 Cr. |
| Stock P/E | 29.0 |
| Book Value | ₹ 202 |
| Dividend | 0.00 % |
| ROCE | 13.9 % |
| ROE | 16.3 % |
| Face Value | ₹ 5.00 |
| P/B Value | 4.41 |
| OPM | 20.4 % |
| EPS | ₹ 30.4 |
| Debt | ₹ 447 Cr. |
| Debt to Equity | 0.78 |
Antony Waste Handling Cell Shareholding Pattern
| Promoters Holding | |
| June 2023 | 46.23% |
| Sept 2023 | 46.23% |
| Dec 2023 | 46.07% |
| Mar 2024 | 46.07% |
| Jun 2024 | 46.07% |
| FII Holding | |
| Jun 2023 | 13.14% |
| Sep 2023 | 13.77% |
| Dec 2023 | 12.39% |
| Mar 2024 | 11.94% |
| Jun 2024 | 10.79% |
| DII Holding | |
| Jun 2023 | 6.10% |
| Sep 2023 | 6.10% |
| Dec 2023 | 6.08% |
| Mar 2024 | 6.61% |
| Jun 2024 | 5.14% |
| Public Holding | |
| Jun 2023 | 34.54% |
| Sep 2023 | 33.89% |
| Dec 2023 | 35.26% |
| Mar 2024 | 35.29% |
| Jun 2024 | 37.93% |
| Others | |
| Jun 2023 | 0.00% |
| Sep 2023 | 0.00% |
| Dec 2023 | 0. 17% |
| Mar 2024 | 0.09% |
| Jun 2024 | 0.07% |
Antony Waste Handling Cell Share: Last 5 Years’ Financial Condition
Last 5 Years’ Sales:
| 2020 | ₹ 451 Cr |
| 2021 | ₹ 465 Cr |
| 2022 | ₹ 648 Cr |
| 2023 | ₹ 856 Cr |
| 2024 | ₹ 873 Cr |
Last 5 Years’ Net Profit:
| 2020 | ₹ 47 Cr |
| 2021 | ₹ 64 Cr |
| 2022 | ₹ 90 Cr |
| 2023 | ₹ 85 Cr |
| 2024 | ₹ 100 Cr |
Conclusion
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The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience, and various technical analyses.
Also, we’ve talked in depth about the shares’ prospects and growth possibilities.
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