{"id":140791,"date":"2024-12-16T11:35:42","date_gmt":"2024-12-16T06:05:42","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=140791"},"modified":"2024-12-16T11:35:45","modified_gmt":"2024-12-16T06:05:45","slug":"waste-management-stock-hits-5-upper-circuit-after-receiving-order-from-saoner-municipal-council","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/waste-management-stock-hits-5-upper-circuit-after-receiving-order-from-saoner-municipal-council\/","title":{"rendered":"Waste management stock hits 5% upper circuit after receiving\u00a0order from Saoner Municipal Council \u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3816329177\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Waste Management stock engaged in providing Waste Management Solutions, Municipal Solid Waste Management services, and many more hits 5 percent upper circuit in the day\u2019s trade upon receiving a new work order worth Rs. 1.94 Crores to provide waste management services to Saoner Municipal Council.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-535828988\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price Action&nbsp;<\/strong><\/h2><p>With a market capitalization of Rs. 288 Crores, the shares of Urban Enviro Waste Management Limited were trading at Rs. 665 per equity share, up 0.45 percent from its previous day\u2019s close price of Rs. 662.05.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened&nbsp;<\/strong><\/h2><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/URBAN\" target=\"_blank\" rel=\"noreferrer noopener\">Urban Enviro Waste Management Limited<\/a><\/strong> has received a new work order from Saoner Municipal Council, Nagpur District, Maharashtra, for the Collection and transportation of waste from house to house, Scientific treatment of waste, cleaning of drains, collection of garbage, and cleaning of public toilets in Saoner for 1 year, for a consideration of Rs. 1.94 Crores.\u00a0<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Recent Work Orders&nbsp;<\/strong><\/h2><p>It has earlier received a work order worth Rs. 1.68 Crores from Borsad Municipality, Anand District, Gujarat, for Door-to-Door Collection through the Latest Technology &amp; System and Road\/Street Sweeping Work in the jurisdiction of Borsad Nagarpalika for one year.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-759861656\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>This was followed by a work order by Khambhat Municipality (Anand District, Gujarat) for Door to door garbage Collection with a close body garbage tipper vehicle including Fuel and sufficient manpower for Khambhat Nagarpalika for a consideration of Rs. 1.47 Crores.&nbsp;<\/p><p>Lastly, it secured a work order from Anand Municipality, Anand District, Gujarat for providing Door-to-Door Collection &amp; Transportation and Transportation work through the Latest Technology, Systems of Anand Nagarpalika for a consideration of Rs. 4.55 Crores for 1 year.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company&nbsp;<\/strong><\/h2><p>Urban Enviro Waste Management Limited is engaged in providing Waste Management Solutions, Municipal Solid Waste Management services, and many more. Its services include solid waste collection, transportation, segregation of waste, and processing and disposal services, street sweeping projects, providing manpower, skilled\/unskilled labourers, and many more.&nbsp;<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials and Ratios<\/strong><\/h2><p>Its revenue from operations grew by 57 percent from Rs. 46 Crores in H1FY24 to Rs. 72 Crores in H1FY25, accompanied by profits of Rs. 4 Crores to Rs. 8 Crores.&nbsp;<\/p><p>In terms of Return ratios, it has reported a return on equity (ROE) of 51.6 percent, and a Return on capital employed (ROCE) of 29.8 percent. It has reported a debt-to-equity ratio of 0.79.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S\u00a0<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading has-medium-font-size\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-2790080540\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-3267302292\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Waste Management stock engaged in providing Waste Management Solutions, Municipal Solid Waste Management services, and many more hits 5 percent upper circuit in the day\u2019s trade upon receiving a new work order worth Rs. 1.94 Crores to provide waste management services to Saoner Municipal Council.&nbsp; Price Action&nbsp; With a market capitalization of Rs. 288 Crores, [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":118548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,2597,18980,16705,25320,16706,25319,16704,22220],"class_list":["post-140791","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch","tag-urban-enviro-waste-management","tag-urban-enviro-waste-management-latest-news","tag-urban-enviro-waste-management-latest-order","tag-urban-enviro-waste-management-new-order","tag-urban-enviro-waste-management-news","tag-urban-enviro-waste-management-share-price","tag-waste-management-stock"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - 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