Antony Waste share price target 2025

Dear Readers, today we will learn about Antony Waste share price target 2025 to 2030, Antony Waste share price history, Antony Waste share price nse, and the company Antony Waste. The blog post is based on our past learning and experience in the market.

Antony Waste Handling Cell Ltd.

Before we learn about Antony Waste share price target 2025 to 2030, let us learn about the company first. Antony Waste Handling Cell Ltd. is a solid waste management services company in India. More than 60% of its revenues are a result of the collection and transport of solid waste. The company has a track record of more than 20 years and has an integrated waste management plant in Mumbai, Kanjurmarg.

The company has a presence in more than nine states of the country. The company is also planning a Waste to Energy in Pimpri, Maharashtra to enhance its footprint. The company has more than 1900 vehicles and the main expense of the company is fuel, manpower, repairs, etc. These costs amount to almost 45% of its revenues.

Fundamentals – Antony Waste Handling

Antony Waste Handling Cell Ltd. revenue for the year 2023 was Rs 856 cr against Rs 648 cr revenue in 2022. This is a jump of 32% in the revenue. The net profit of the company was Rs 85cr in FY 2023. The compounded profit growth delivered by the company for the last 5 years is 18%. The compound sales growth of the company for the last five years is 25%.

	Mar-19	Mar-20	Mar-21	Mar-22	Mar-23
Revenue (in cr)	284	451	465	648	856
Expenses (in cr)	207	325	350	500	708
Operating profit (in cr)	76	126	115	148	148
PBT(in cr)	48	67	71	113	102
Tax %	27%	30%	9%	20%	17%
Net Profit (in cr)	35	47	64	90	85
EPS	19.17	10.7	15.92	24	24.05

The current market price of Antony Waste share is Rs 482 and the book value is Rs 188. The company has delivered a ROCE and ROE of 15.5% & 15.2% respectively. The 52-week high and low share price is Rs 533 & Rs 239 respectively. The company hasn’t paid any dividends to date.

Antony Waste Segment Revenue

The main revenue segment of the company is MSW C&T at approximately 64%, MSW Processing at 22%, and Contract & Others at 14%.

Technical Analysis – Antony Waste share price

Below is the chart of Antony waste share price action since its listing day on the weekly time frame. The analysis is based on our understanding and learning of the charts. The explanation varies from person to person as their studies and interpretations vary.

The company was listed on the Indian exchanges in January 2021. The price reached a high of Rs 489.9 and the level did not sustain. The price slid down to the level of Rs 241 within three months.

After this low, the price again started to move up and reached a high of Rs 455 but it dipped to Rs 405 level within the same week. For the next 4 months, the price tried to break out of this resistance level but couldn’t do so. It again fell back to near the previous low and the new low was Rs 234. From here the price moved up and reached the level of Rs 368.95.

As you can observe in the chart. the area from Rs 234 to Rs 241 is now acting as a good support area. It again retracted to the low of Rs 241.85, consolidated for a few weeks, and started moving up. Also, you can see in the picture above that two highs have been connected with a trendline.

This trendline was breached in the week of 21st August 2023 about it got rejected from the previous resistance level of Rs 368.95. The price again moved up and the trendline breakout was spotted on the week dated 25th September 2023. This breakout was retested 3 times and the price sustained at this level. As you can see, the share price has breached the previous high of Rs 489.9 and has made a new high of Rs 533.

Antony Waste shareholding pattern

The shareholding pattern of Antony Waste is depicted in the pie chart below. The promoters hold 46.23 % of the company’s shares and this has been constant over the last three years.

The FIIs holding has decreased from 28.2% in FY 2021 to 11.97% in FY 2023. Inverse to this, the shareholding of the Public has increased from 19.16% to 35.68% in the same time period. The DII shareholding has remained constant during this time.

Antony Waste share price target 2025 to 2030

The bar chart below shows Antony waste share price target 2025 to 2030. The Antony Waste share price target 2030 is Rs 1050.

Readers may note that these prices are derived based on our learning and experience of the market. These targets may or may not be achieved. Antony waste share price target 2025 is expected to be Rs 645 and Antony waste share price target 2027 is expected to be Rs 695.

Antony Waste share price target 2029 is expected to be Rs 1050.

Antony Waste share price history

The table below shows the 52-week Open, High, Low, and Close of Antony Waste share price. Readers may analyze the data in conjunction with the technical chart.

Date	OPEN	HIGH	LOW	CLOSE
01-Nov-23	405	409.7	395.9	398.4
31-Oct-23	408	413.9	398.3	406.5
03-Oct-23	375	396.5	372.55	385.45
29-Sep-23	357.4	385	348.7	373.05
01-Sep-23	345	352.95	340.15	343.7
31-Aug-23	341	345.4	339.3	342.95
01-Aug-23	324.45	326.85	319.05	324.3
31-Jul-23	317.8	337.6	315.85	321.05
03-Jul-23	316.95	322.15	307.1	308.4
30-Jun-23	319	330	315	317.35
01-Jun-23	250	251.85	248.5	250.95
31-May-23	250	251.15	248.05	249.05
02-May-23	267.15	274	266.15	273.05
28-Apr-23	261	265.25	259.05	264.5
03-Apr-23	251.95	260.95	250.2	259.6
31-Mar-23	248.45	252.15	245	247.65
01-Mar-23	256.1	259.85	253.8	257.95
28-Feb-23	258.2	258.2	253	254.05
01-Feb-23	286.1	305	285.3	287.75
31-Jan-23	284	289.45	281	288.45
02-Jan-23	311.1	319.95	306.5	310
30-Dec-22	310	314.7	306	306.5
01-Dec-22	330	331.7	321.05	322.8
30-Nov-22	325	329.7	324.85	327.7

Disclaimer

The above blog is written for educational purposes only. This blog shouldn’t be taken as an investment advice by the readers. The readers should consult their financial advisors before making any decision on their investments. Also, it is to be noted that we are not SEBI-registered advisors. Readers who wish to learn more, please visit the links below:

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