Why is Antony Waste han falling/rising?

Aug 29 2025 10:45 PM IST
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As of 29-Aug, Antony Waste Handling Cell Ltd's stock price is at 573.00, having increased slightly after a decline, but it remains below key moving averages, indicating a bearish trend. Despite a year-to-date loss of -7.12%, the stock shows strong management efficiency and increased institutional interest, suggesting potential support despite overall negative market sentiment.
As of 29-Aug, Antony Waste Handling Cell Ltd's stock price is currently at 573.00, reflecting an increase of 1.3 (0.23%). The stock has shown a trend reversal by gaining after five consecutive days of decline. However, it is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally bearish trend. Despite a year-to-date return of -7.12% and a one-year return of -17.67%, the stock has demonstrated high management efficiency with a return on capital employed (ROCE) of 17.01% and a low debt-to-EBITDA ratio of 1.32 times. Additionally, there has been a notable increase in institutional investor participation, with a 1.08% rise in their stake over the previous quarter, which may provide some support for the stock.

In the broader market context, while the stock has underperformed the benchmark Sensex, which has gained 2.14% year-to-date, it has also outperformed it over the last week and month, with returns of -3.75% and -3.00%, respectively, compared to the Sensex's -1.84% and -1.88%. This suggests that the stock's recent uptick may be a response to increased investor participation and a potential reassessment of its valuation, despite its overall negative performance in the longer term. The market's overall negative sentiment, reflected in the stock's significant decline over the past year, continues to weigh on its performance.
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