Antony Waste Handling drops more than 9% after a solid debut in previous session

MUMBAI: Shares of Antony Waste Handling Cell tumbled more than 9 per cent on Monday, after making a solid debut on Friday.

At 11:11 am, the stock was down 9.10 per cent to Rs 370.20, while benchmark Sensex dropped 0.29 per cent to 47,729.75 points.

Shares of Antony Waste Handling Cell had closed at Rs 407.25 on Friday , a 29.3 per cent gain on the issue price of Rs 315. The stock debuted at Rs 430 on the BSE, up 36.51 per cent from the issue price.

The company is the second-largest player in the Indian municipal solid waste management industry with end-to-end capabilities. It is among the key players in landfill construction and management sector in India with in-house expertise for landfill construction and operations.

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