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Antony Waste Wins Legal Battle Against Navi Mumbai Municipal Corporation

Story Highlights

Antony Waste Handling Cell Ltd. ( (IN:AWHCL) ) just unveiled an update.

Antony Waste Handling Cell Ltd. announced a favorable outcome in a litigation case against the Navi Mumbai Municipal Corporation (NMMC). The Bombay High Court upheld an arbitral award in favor of Antony Waste, dismissing NMMC’s challenge and ordering the release of approximately ₹19.63 Crore deposited by NMMC, including interest. This decision positively impacts the company’s financial standing and reinforces its position in the waste management sector.

More about Antony Waste Handling Cell Ltd.

Antony Waste Handling Cell Ltd. operates in the waste management industry, primarily focusing on municipal solid waste collection and handling services. The company engages in contracts with municipal corporations to manage waste collection and disposal, emphasizing efficient and sustainable waste management solutions.

YTD Price Performance: -19.96%

Average Trading Volume: 14,448

Current Market Cap: 14.1B INR

For detailed information about AWHCL stock, go to TipRanks’ Stock Analysis page.

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