India's Antony Waste falls most in over a yr after Q4 profit halves

Antony Waste Handling Cell

24/05/2023 07:49

** Shares of Antony Waste Handling Cell Ltd  ANTO.NS  fall
as much as 8.1% to 261.1 rupees, biggest intraday pct loss since
February 2022
    ** Waste clearing services provider says March-qtr
consolidated net profit more than halved to 95.6 mln rupees
($1.17 mln), hurt by higher expenses
    ** Co's revenue from operations rose ~8% to 2.03 bln rupees
    ** Stock trading below its 100-, and 200-day moving averages
    ** Trading volume at ~186,000 shares, 3.9x the 30-day avg of
~48,100 shares as of 12:05 p.m. IST 
    ** Stock down 14.4% so far this year



($1 = 81.7800 Indian rupees)

 (Reporting by Biplob Kumar Das in Bengaluru)
 ((Biplobkumar.das@thomsonreuters.com))