Sanghvi Movers is currently trading at Rs. 1106.10, up by 41.75 points or 3.92% from its previous closing of Rs. 1064.35 on the BSE.
The scrip opened at Rs. 1071.00 and has touched a high and low of Rs. 1113.80 and Rs. 1064.45 respectively. So far 13017 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1483.00 on 16-May-2024 and a 52 week low of Rs. 443.90 on 26-Jun-2023.
Last one week high and low of the scrip stood at Rs. 1144.95 and Rs. 1058.45 respectively. The current market cap of the company is Rs. 4770.12 crore.
The promoters holding in the company stood at 47.25%, while Institutions and Non-Institutions held 5.08% and 47.68% respectively.
Sanghvi Movers has received two work orders with a total value in excess of Rs 180 crore. Out of which, the first order is a turnkey customised solution for an eminent Independent Power Producers (IPP) in the renewable energy sector. The scope includes project monitoring and engineering solutions while delivering complete mechanical (cranes, trailers, and installation and commissioning services), civil, electrical, and site management activities. The duration of this order is ten months and the majority of this order (>95%) will be executed in FY 2024-25.
The second order is for above ground piping work, fabrication, painting and erection which includes supply of skilled manpower and tools and tackles specifically for the hydrocarbons sector. The order has been received from a diversified global EPC player and the duration is for six months, to be executed in this financial year. This order is for a new business offering.
Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.
| Company Name | CMP |
|---|---|
| BEML | 1771.10 |
| Action Const. Equip | 916.35 |
| Sanghvi Movers | 304.25 |
| TIL | 206.55 |
| Brady & Morris Engg | 828.40 |
| View more.. | |
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