Antony Waste Handling Cell shares surge 15.9% as momentum builds on smallcap services play

Antony Waste Handling Cell shares extended their rally, last up 15.9%, with traders citing improving fundamentals, moderate valuations, and a defensible services niche. Recent sessions show the stock trading in the ₹437–₹446 band, against a 52-week range of roughly ₹408–₹697, indicating room for recovery if execution and order inflows hold up.

Fundamentals appear supportive: trailing PE near the mid-teens, debt-to-equity below 1, and EBITDA margins above 20% signal operational efficiency relative to peers. Market cap sits around ₹1,200–₹1,260 crore in recent updates, with book value and ROE metrics consistent with disciplined growth expectations for a smallcap services player.

Key highlights

- Momentum: Shares last up 15.9%, extending gains on improving sentiment in waste management services.

- Trading context: Recent day range ~₹437–₹446; 52-week ~₹408–₹697, suggesting recovery potential if execution sustains.

- Valuation: PE around 14–15x TTM with PB near ~1.5–1.9x, indicating moderate pricing vs sector averages.

- Profitability: EBITDA margin above 20% supports cash generation and reinvestment capacity.

- Balance sheet: Debt-to-equity ~0.7 points to manageable leverage for growth.

Strong execution, contract visibility, and margin discipline will be critical to sustain the rally beyond near-term momentum.

Sources: The Economic Times; ETMoney; The Financial Express