Waste management stock hits 5% upper circuit after receiving order worth ₹20 Cr from Amdavad Municipal Corp.Waste management stock hits 5% upper circuit after receiving order worth ₹20 Cr from Amdavad Municipal Corp.

Introduction:

Waste management stock has secured a significant PPP project with Amdavad Municipal Corporation to develop a Waste-to-Art World Park in Ahmedabad. This initiative, valued at ₹20 crore, aims to transform waste into artistic landmarks while promoting sustainability and eco-friendly infrastructure.

Share Price movement of Z-Tech (India):

On March 11, 2025, Z-Tech (India) Limited opened at ₹524.50, reaching a high of ₹577.25 hitting 5% upper circuit from its previous close of ₹549.80 and a low of ₹522.35,. The stock is currently trading at ₹577.25, with a market cap of ₹738.72 crore.

Z-Tech (India) share received new order:

Z-Tech (India) Limited has been awarded a major project under the PPP model by Amdavad Municipal Corporation. The project involves designing, developing, and maintaining a Waste-to-Art World Park in Ahmedabad for 20 years, with an order value of ₹20 crore.  

The park will showcase replicas of global iconic artworks made from waste materials, covering five continents. This initiative promotes sustainability by transforming waste into art. 75% of the project funding will come from public authorities, while Z-Tech (India) Limited will contribute 25% of the cost.  

This project strengthens Z-Tech’s role in sustainable infrastructure and innovation. The company aims to set new benchmarks in eco-friendly development while ensuring excellence in execution. The successful completion of this project will support long-term growth and industry leadership.

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Ace investor holding of Z-Tech (India):

Rajat Goyal holds 3,29,600 shares in Z-Tech (India) Ltd., representing a 2.58% stake. His investment is valued at ₹19 crore, with no change from the previous quarter. His strategic holdings indicate confidence in the company’s long-term growth potential and sustainability focus.

Sanjay Kachroo owns 1,88,000 shares in Z-Tech (India) Ltd., holding a 1.47% stake worth ₹10.9 crore. His position remains unchanged from the previous quarter, reflecting a steady investment approach in the company’s sustainable infrastructure and waste management initiatives.

Stock performance of Z-Tech (India) for Period of 1 week, 6 months:

Z-Tech (India) stock has delivered strong returns over different periods. In the past week, it gained 9.93%, reflecting positive momentum. Over six months, the stock surged 51.7%, showcasing significant growth and investor confidence in its performance and long-term potential in the market.

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Shareholding pattern of Z-Tech (India):

Summary	Dec-24	Sep-24	Jun-24
Promoter	60.80%	60.80%	60.80%
FII	1.20%	1.70%	6.70%
DII	0.90%	0.10%	8.50%
Public	37.20%	37.50%	25.30%

About Z-Tech (India):

Z-Tech (India) Ltd (NSE:ZTECH) focuses on sustainable infrastructure and waste management solutions. It develops eco-friendly projects, including waste-to-art initiatives. The company emphasizes innovation, environmental responsibility, and long-term growth, securing key public-private partnerships to drive sustainability and urban transformation in India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.