Krystal Integrated Secures ₹275 Crore Waste Management Order; Stock Jumps 18%

Business
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Moneycontrol•12-01-2026, 22:19
Krystal Integrated Secures ₹275 Crore Waste Management Order; Stock Jumps 18%
- •Krystal Integrated Services Ltd secured three municipal solid waste management contracts worth ₹275 crore from Vasai-Virar City Municipal Corporation (VVCMC).
- •The contracts are for a five-year duration, including a three-month preparatory phase, under Solid Waste Management Rules, 2016.
- •Responsibilities include door-to-door waste collection, segregation, transportation, and cleaning of various public areas.
- •CEO Sanjay Dighe highlighted the contracts as a significant milestone, showcasing the company's capability in large-scale public municipal work.
- •Krystal Integrated's stock rose 18.49% in the last month, despite a 4.52% decline over the past year; market cap is ₹840 crore.
Why It Matters: Krystal Integrated's new ₹275 crore waste management contracts signal growth and boost its stock performance.
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