Antony Waste Shares Soar 19% on ₹1,330 Cr BMC Orders, Highest Surge Since May 2022

• Antony Waste Handling Cell shares surged nearly 19% after securing two contracts worth ₹1,330 crore from Brihanmumbai Municipal Corporation (BMC).
• The contracts, awarded to a joint venture including Antony Waste's subsidiary, are for collecting and transporting 1,250 MT of municipal solid waste daily in Mumbai.
• The two contracts are valued at ₹684 crore and ₹646 crore respectively, both for a duration of seven years.
• Company management stated the contracts enhance revenue visibility and strengthen their growth strategy.
• The stock saw strong trading volumes, highest since September 2021, and broke above its 50-Day Moving Average.

Why It Matters: Antony Waste's shares jumped significantly due to new, large BMC waste management contracts.