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Sanghvi Movers gains on joining hands with Action Construction Equipment

Sanghvi Movers Ltd. | Construction Vehicles | Capital Goods & Industrial Consumables | BSE: 530073 | NSE: SANGHVIMOV

12 Dec 2025 Evaluate

Sanghvi Movers is currently trading at Rs. 306.00, up by 4.25 points or 1.41% from its previous closing of Rs. 301.75 on the BSE.

The scrip opened at Rs. 301.75 and has touched a high and low of Rs. 308.70 and Rs. 301.75 respectively. So far 4490 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 412.90 on 09-Oct-2025 and a 52 week low of Rs. 205.00 on 07-Apr-2025.

Last one week high and low of the scrip stood at Rs. 312.00 and Rs. 290.85 respectively. The current market cap of the company is Rs. 2649.66 crore.

The promoters holding in the company stood at 47.25%, while Institutions and Non-Institutions held 3.11% and 49.64% respectively.

Sanghvi Movers has executed a memorandum of understanding (MoU) with Action Construction Equipment (ACE). This strategic collaboration, formalized at EXCON 2025, directly advances the company’s long-term corporate vision, ELEVATE 2030, specifically under its Product Portfolio Diversification initiative. Under the MoU, the company will strategically and progressively expand its fleet with heavy cranes manufactured by ACE.

This decisive action supports domestic manufacturing and is calculated to ensure faster, cost-efficient, and more reliable project execution for the company’s extensive client base across India. ACE, in turn, is committed to providing priority product support, crucial customization, and technical solutions tailored precisely to the operational demands of the company within India's accelerating infrastructure ecosystem.

The partnership reflects the company’s proactive approach to increase the deployment of Indian-made heavy lifting equipment, thereby reducing reliance on imported assets and strengthening the country's own capabilities in this capital-intensive sector.

Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.

Sanghvi Movers Share Price

314.10 4.10 (1.32%)

15-Apr-2026 10:02 View Price Chart

Peers

Company Name	CMP
BEML	1663.40
Action Const. Equip	908.00
Sanghvi Movers	314.10
TIL	224.95
Brady & Morris Engg	841.00
View more..

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Sanghvi Movers gains on joining hands with Action Construction Equipment

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