Antony Waste Secures ₹1330 Cr BMC Contracts; Shares to Watch

• Antony Waste Handling Cell's subsidiary, AG Enviro Infra Projects, won two BMC contracts worth ₹1,330 crore for waste management.
• The contracts, for municipal solid waste collection and transportation in Mumbai, are for a duration of seven years.
• AG Enviro Infra Projects holds a 51% stake in the consortium, managing 1,250 metric tons of waste daily across Mumbai wards.
• These long-term contracts are expected to provide significant revenue visibility and strengthen the company's presence in Mumbai.
• Despite the major win, Antony Waste's shares closed marginally down; stock has seen a significant decline over the past year.

Why It Matters: Antony Waste secures ₹1330 Cr BMC contracts, boosting long-term revenue despite recent stock dip.