Antony Waste Handling Cell Ltd shares fall 4.53% as it receives intimation of contract from Greater Noida Industrial Development Authority
Why did Antony Waste Handling Cell Ltd shares fall today?
Antony Waste Handling Cell Ltd shares saw a notable decline today, falling to a current price of as of . The drop appears to be in reaction to a company announcement regarding a new business contract.
The company filed an intimation with the stock exchanges about receiving a contract/order from the Greater Noida Industrial Development Authority (GNIDA). The order is for the "Procurement/Engagement of Electric Mechanical Road Sweeping Machines along with comprehensive O&M (Operations and Maintenance)" for the Greater Noida (East Zone) area in Uttar Pradesh. Essentially, Antony Waste will supply and maintain a fleet of electric road sweepers for this specific municipal zone.
While securing a new government contract is typically positive news, the sharp decline in share price suggests the market may have had higher expectations. This could be due to the contract's specific terms, its scale, or broader market conditions. Investors are likely assessing how this order from GNIDA will impact the company's future revenue and profitability streams.
What does Antony Waste Handling Cell Ltd do?
Antony Waste Handling Cell Ltd is engaged in the procurement and engagement of electric mechanical road sweeping machines, along with providing comprehensive operations and maintenance services for them. This business activity involves supplying specialized machinery for street cleaning and ensuring its ongoing operational management.
The company delivers these services to institutional clients, as evidenced by a contract awarded by the Greater Noida Industrial Development Authority in Uttar Pradesh. The scope of their work under such contracts covers the Greater Noida (East Zone) jurisdiction.
Antony Waste Handling Cell Ltd Financials
In CroresAntony Waste Handling Cell Ltd demonstrated positive growth between December 2025 and March 2026. Revenue increased from ₹262.44 Crores to ₹285.77 Crores, reflecting a growth of approximately 8.9%. More notably, profit surged from ₹11.5 Crores to ₹32.52 Crores, representing a significant increase of approximately 183%. This disproportionate rise in profit relative to revenue suggests improved operational efficiency and cost management during the period. Additionally, the profit margin improved considerably, rising from approximately 4.4% in December 2025 to around 11.4% in March 2026. Overall, the company's financial performance indicates a healthy upward trajectory in both top-line and bottom-line growth.
Antony Waste Handling Cell Ltd Shareholding Pattern
Promoter holding stands at 46.08% of the total share capital. Foreign Institutional Investors (FIIs) hold 13.08% stake in the company, while Domestic Institutional Investors (DIIs) hold 3.38%. Public shareholders hold the remaining 37.43% stake in Antony Waste Handling Cell Ltd.
Antony Waste Handling Cell Ltd FAQs
Q: Why did Antony shares fall 4.53% today?
Please find attached intimation w.r.t Receipt of Contract/order from Greater Noida Industrial Development Authority.. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Antony Waste Handling Cell Ltd?
As per the latest data, promoters hold 46.08% stake in Antony Waste Handling Cell Ltd, while FII holding stands at 13.08%. Domestic institutional investors hold 3.38%, and public shareholders account for 37.43% of the equity.
Q: What is the current stock price of Antony Waste Handling Cell Ltd?
Antony Waste Handling Cell Ltd shares are currently trading at ₹398.15, recording a decline of 4.53% from the previous close.
Q: What is the market capitalization of Antony Waste Handling Cell Ltd?
The company currently has a market capitalization of ₹1129.62 crore, reflecting its valuation in the Indian equity market.