SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Sanghvi Forging & Engineering jumps on bagging order worth Rs 5 crore

18 Apr 2012 Evaluate

Sanghvi Forging & Engineering is currently trading at Rs. 76.00, up by 2.75 points or 3.75% from its previous closing of Rs. 73.25 on the BSE.

The scrip opened at Rs. 74.40 and has touched a high and low of Rs. 76.85 and Rs. 74.05 respectively. So far 114831 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 144.90 on 30-May-2011 and a 52 week low of Rs. 22.00 on 20-Decn-2011.

Last one week high and low of the scrip stood at Rs. 76.85 and Rs. 62.30 respectively. The current market cap of the company is Rs. 96.72 crore.

The promoters holding in the company stood at 59.70% while Non-Institutions held 40.30%.  

Sanghvi Forging & Engineering, one of the top engineering and forging companies, have bagged orders worth Rs 5 crore from PSU's in domestic and overseas market. The estimated value of the project from the domestic market is Rs 2.7 crore, while that from overseas market is Rs 2.3 crore.

These orders have been secured from Oil & Gas and ship building sector. These orders further boost the order book of the company.

Sanghvi Forging and Engineering manufactures forged flanges, forgings and machined components for various industries like oil & gas, fertilizers, power, desalination & water treatment, ship building, defence, fabrication of process equipments, instrumentation etc. It is also capable of manufacturing both standardized as well as customized products.

Sanghvi Forging&Engg Share Price

16.50 0.00 (0.00%)
30-Apr-2021 18:03 View Price Chart
Peers
Company Name CMP
Bharat Forge 1859.95
Ramkrishna Forgings 535.30
MM Forgings 463.25
Happy Forgings 1336.75
Balu Forge Industrie 486.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×