Why is Antony Waste han falling/rising?
As of 16-Jul, Antony Waste Handling Cell Ltd's stock price is rising to Rs 661.50, reflecting a 1.78% increase. The stock has shown strong performance over various time frames, outperforming its sector and indicating positive momentum despite a recent decline in profits.
As of 16-Jul, Antony Waste Handling Cell Ltd's stock price is rising, currently at Rs 661.50, reflecting an increase of Rs 11.55 or 1.78%. The stock has shown positive momentum, gaining 2.53% over the last two days and outperforming its sector by 0.66% today. It has also demonstrated strong performance over various time frames, with a 6.68% return over the past year and a remarkable 125.73% increase over the last three years. Despite a recent decline in delivery volume, the stock remains liquid enough for trading, and its current price is above the 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend.In the broader market context, the stock's short-term performance contrasts with the Sensex, which has declined by 1.08% over the past week, while Antony Waste has gained 0.42%. The increasing participation of institutional investors, who have raised their stake by 0.81% in the last quarter, suggests confidence in the company's fundamentals, particularly its high management efficiency and low debt levels. Although the company has faced a decline in profits of 27.3% over the past year, its attractive valuation compared to peers and consistent market-beating performance in both the long and short term contribute to the stock's upward movement.
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