India, June 4 -- Leading waste management stock surged by 5 percent after the company secured a Rs.10.35 crore contract to set up a solid waste processing plant under the Swachh Bharat Mission. This new order highlights the company's growing presence in the waste management sector and has positively influenced investor sentiment.

During Wednesday's trading session, the shares of Urban Enviro Waste Management Ltd reached an intraday high of Rs.154.50 per share, hitting the 5 percent upper circuit limit from the previous close of Rs.147.15 per share. The shares have retreated from the peak and are trading at Rs.150.00 apiece.

Contract Specifications Urban Enviro Waste Management Limited has been awarded a major work order by Savarkundla...