Sanghvi Forging & Engineering is currently trading at Rs 26.50, up by 0.60 points or 2.32% from its previous closing of Rs 25.90 on the BSE.
The scrip opened at Rs 24.70 and has touched a high and low of Rs 26.50 and Rs 24.70 respectively. So far 4350 shares were traded on the counter.
The BSE group 'T' stock of face value Rs 10 has touched a 52 week high of Rs 26.50 on 10-Jun-2014 and a 52 week low of Rs 15.20 on 23-Aug-2013.
Last one week high and low of the scrip stood at Rs 26.50 and Rs 23.80 respectively. The current market cap of the company is Rs 34.56 crore.
The promoters holding in the company stood at 63.85% while Non-Institutions held 36.15%.
Sanghvi Forgings & Engineering, one of the top engineering and forging company in India, has bagged orders worth Rs 15 crore. Majority of the orders are from the Shipbuilding and Power sectors and around 20% comprises of exports orders.
As on 30 May 2014, the company was able to get around 20 major approvals from its clients for 40 Tonnes Heavy Forging Plants.
Sanghvi Forgings & Engineering is an ISO 9001:2008 Certified Indian company engaged in manufacturing of open and closed die forgings products for the oil and gas, petro-chemicals, ship building, power and other sectors. It also exports to various foreign countries over the last two decades.
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