AWHCL Expanding Horizons: Recent Contracts and Infrastructure
💰Company Overview - Fundamental Factors
🖋️Operations: Engaged in mechanical power sweeping of roads, waste collection, transportation, waste to energy projects, and integrated waste management facilities in Kanjurmarg, Mumbai.
🖋️Industry Standing: It is one of the top among the five players in the Indian municipal waste management industry with a 20-year history.
🖋️Expansion: Expanded operations significantly in FY22 through new contracts in Varanasi, Noida, Jhansi, and the New Delhi Municipal Corporation, covering 9 states in India.
🖋️Infrastructure: Owns one of Asia's largest single-location waste processing plants, located in Kanjurmarg, Mumbai.
🖋️Waste to Energy Venture: Venture into Waste to Energy (WTE) sector with the construction approval of the first WTE plant in Pimpri, Maharashtra, expected to be operational by March 2023.
🖋️Financial Performance: Demonstrated strong financial performance with a 18.4% Compound Annual Growth Rate (CAGR) in profits over the last 5 years.
🖋️Investor Confidence: Foreign Institutional Investors (FIIs) increased their holdings from 10% to 13.77% in the past year, indicating confidence in the company's potential.
🖋️Recent Developments:
Significant Order: Secured a substantial order worth 386 crore rupees (News came on October 26, 2023) leading to a notable reaction in the stock chart.This recent development further strengthens the company's position in the market.
📊Technical Analysis:
🪶Trading Range: The stock has been trading within the range of 412-420, a multiyear breakout range. This range was tested once in September 2021 and is now being retested.
🪶Anticipated Movement: Considering both technical and fundamental factors, an upward movement in the company is anticipated.
🪶Breakout range-413-23
https://www.tradingview.com/x/y6zjpQRX/
🙏Important Note:
Investors are advised to conduct a thorough analysis before making any investment decisions, considering both fundamental and technical aspects of the stock.
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💎More about the business and growth
The global waste handling industry is experiencing steady growth due to rising urbanization, environmental awareness, and stricter waste disposal regulations. Increasing populations and expanding cities drive the demand for efficient waste management solutions. Technological innovations, including waste-to-energy projects, enhance efficiency and eco-friendliness. In India, government initiatives like the Swachh Bharat Abhiyan boost focus on waste management services. Overall, the waste handling sector is poised for continuous growth, particularly in rapidly urbanizing regions, although specific rates depend on local economic factors, policies, and technological advancements.
🖋️Operations: Engaged in mechanical power sweeping of roads, waste collection, transportation, waste to energy projects, and integrated waste management facilities in Kanjurmarg, Mumbai.
🖋️Industry Standing: It is one of the top among the five players in the Indian municipal waste management industry with a 20-year history.
🖋️Expansion: Expanded operations significantly in FY22 through new contracts in Varanasi, Noida, Jhansi, and the New Delhi Municipal Corporation, covering 9 states in India.
🖋️Infrastructure: Owns one of Asia's largest single-location waste processing plants, located in Kanjurmarg, Mumbai.
🖋️Waste to Energy Venture: Venture into Waste to Energy (WTE) sector with the construction approval of the first WTE plant in Pimpri, Maharashtra, expected to be operational by March 2023.
🖋️Financial Performance: Demonstrated strong financial performance with a 18.4% Compound Annual Growth Rate (CAGR) in profits over the last 5 years.
🖋️Investor Confidence: Foreign Institutional Investors (FIIs) increased their holdings from 10% to 13.77% in the past year, indicating confidence in the company's potential.
🖋️Recent Developments:
Significant Order: Secured a substantial order worth 386 crore rupees (News came on October 26, 2023) leading to a notable reaction in the stock chart.This recent development further strengthens the company's position in the market.
📊Technical Analysis:
🪶Trading Range: The stock has been trading within the range of 412-420, a multiyear breakout range. This range was tested once in September 2021 and is now being retested.
🪶Anticipated Movement: Considering both technical and fundamental factors, an upward movement in the company is anticipated.
🪶Breakout range-413-23
https://www.tradingview.com/x/y6zjpQRX/
🙏Important Note:
Investors are advised to conduct a thorough analysis before making any investment decisions, considering both fundamental and technical aspects of the stock.
______________________________________________________________________________________________
💎More about the business and growth
The global waste handling industry is experiencing steady growth due to rising urbanization, environmental awareness, and stricter waste disposal regulations. Increasing populations and expanding cities drive the demand for efficient waste management solutions. Technological innovations, including waste-to-energy projects, enhance efficiency and eco-friendliness. In India, government initiatives like the Swachh Bharat Abhiyan boost focus on waste management services. Overall, the waste handling sector is poised for continuous growth, particularly in rapidly urbanizing regions, although specific rates depend on local economic factors, policies, and technological advancements.
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