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Company Profile

SANGHVI MOVERS LTD.

NSE : SANGHVIMOVBSE : 530073ISIN CODE : INE989A01024Industry : Construction VehiclesHouse : Private
BSE1219.9040.4 (+3.43 % )
PREV CLOSE (Rs.) 1179.50
OPEN PRICE (Rs.) 1215.25
BID PRICE (QTY) 1218.05 (8 )
OFFER PRICE (QTY) 1219.90 (29 )
VOLUME 5480
TODAY'S LOW / HIGH (Rs.)1215.25 1222.00
52 WK LOW / HIGH (Rs.)366.15 1483
NSE1215.00 38.15 (+3.24 % )
PREV CLOSE(Rs.) 1176.85
OPEN PRICE (Rs.) 1194.95
BID PRICE (QTY) 1214.95 (4 )
OFFER PRICE (QTY) 1215.00 (300 )
VOLUME 87216
TODAY'S LOW / HIGH(Rs.) 1191.00 1221.00
52 WK LOW / HIGH (Rs.)366.1 1494.95

Company News

Date Heading Details
17-May-2024 Sanghvi Movers informs about newspaper publication <div style="text-align: justify;">Pursuant to Regulation 47 of Chapter IV of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sanghvi Movers has enclosed copy each of the Audited Financial Results for the quarter and year ended 31st March 2024 published in newspapers namely, 'Business Standard ' (English - Pune &amp; Mumbai Edition) and ' Loksatta' (Marathi - Pune edition) dated 17 May 2024.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div>
16-May-2024 Sanghvi Movers informs about investor presentation <p style="text-align: justify;">Pursuant to the requirements of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sanghvi Movers has informed that it enclosed the Investor Presentation on Financial Results for the quarter and year ended on 31st March 2024. The Investor Presentation is also uploaded on the company's website: www.sanghvicranes.com.</p><div>The above information is a part of company's filings submitted to BSE.</div>
25-Apr-2024 Sanghvi Movers informs about certificate <p style="text-align: justify;">As per the requirement of Regulation 7(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sanghvi Movers has confirmed that activities in relation to both physical and electronic share transfer facility during the period 01st April 2023 to 31st March 2024 are maintained by the Company's Registrar &amp; Transfer Agent - Link Intime India, which is registered as Registrar &amp; Transfer Agent in Category-I with the Securities and Exchange Board of India vide Registration Number: INR000004058.</p><p style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</p>
26-Mar-2024 Sanghvi Movers incorporates Wholly Owned Subsidiary <p style="text-align: justify;">Sanghvi Movers has incorporated Wholly Owned Subsidiary namely ‘Sangreen Renewables' on March 23, 2024. Sangreen Renewables will carry on the business related to provide full-fledged turnkey services to Independent Power Producers (IPP) right from Conceptualization to Commissioning of wind turbine generator (WTG). The business of the WOS is not outside the main line of business of the company.</p><p style="text-align: justify;">Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.</p><div style="text-align: justify;"><br></div>
26-Mar-2024 Sanghvi Movers soras on incorporating Wholly Owned Subsidiary <p style="text-align: justify;">Sanghvi Movers is currently trading at Rs. 1176.15, up by 23.70 points or 2.06% from its previous closing of Rs. 1152.45 on the BSE.</p><p style="text-align: justify;">The scrip opened at Rs. 1163.35 and has touched a high and low of Rs. 1182.00 and Rs. 1158.10 respectively. So far 9149 shares were traded on the counter.</p><p style="text-align: justify;">The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1250.00 on 01-Mar-2024 and a 52 week low of Rs. 305.40 on 28-Mar-2023.</p><p style="text-align: justify;">Last one week high and low of the scrip stood at Rs. 1193.45 and Rs. 1012.10 respectively. The current market cap of the company is Rs. 4988.73 crore.</p><p style="text-align: justify;">The promoters holding in the company stood at 47.25%, while Institutions and Non-Institutions held 3.74% and 49.01% respectively.</p><p style="text-align: justify;">Sanghvi Movers has incorporated Wholly Owned Subsidiary namely ‘Sangreen Renewables' on March 23, 2024. Sangreen Renewables will carry on the business related to provide full-fledged turnkey services to Independent Power Producers (IPP) right from Conceptualization to Commissioning of wind turbine generator (WTG). The business of the WOS is not outside the main line of business of the company.</p><p style="text-align: justify;">Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.</p><div style="text-align: justify;"><br></div>
06-Mar-2024 Sanghvi Movers gets nod to incorporate wholly owned subsidiary <p style="text-align: justify;">Sanghvi Movers has received approval to incorporate wholly owned subsidiary (WoS) of the Company. The proposed WOS will carry on the business related to provide full-fledged turnkey services to Independent Power Producers (IPP) right from Conceptualization to Commissioning of wind turbine generator (WTG). The business of the proposed WOS is not outside the main line of business of the Company.</p><p style="text-align: justify;">The company will be paying cash consideration to the proposed WOS towards subscription of 100% shareholding. The Board of Directors of the Company at its meeting held on March 05, 2024 has approved the same.&nbsp;</p><p style="text-align: justify;">Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various industries in the infrastructure sector.</p>
25-Jan-2024 Sanghvi Movers informs about board meeting <div style="text-align: justify;">Pursuant to Regulation 29 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sanghvi Movers has informed that a meeting of the Board of Directors of the company will be held on Wednesday, 07 February 2024, to consider and approve the Unaudited Financial Results for the quarter and nine months ended 31st December 2023. The intimation towards closure of trading window has already been submitted to the stock exchanges vide letter no. SML/SEC/SE/23-24/65 dated 28 December 2023. The Company has already communicated about closure of trading window to the designated persons in accordance with the Code of Conduct of the Company. In terms of SEBI (Prohibition of Insider Trading) Regulations, 2015, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) circular/s) and Code of Conduct of the Company, the Trading Window for dealing in the Securities of the Company is closed with effect from Monday, 01 January 2024 until 48 hours after the declaration of the Unaudited Financial Results of the Company for the quarter and nine months ended on 31 December 2023, i.e. up to Friday, 09 February 2024. In terms of amendment in Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, there shall be no publication of notice of Board Meeting in the newspapers.</div><div style="text-align: justify;"><br></div><div>The above information is a part of company's filings submitted to BSE.</div><div><br></div><div><br></div><div><br></div><div><br></div><div><br></div>
06-Jan-2024 Sanghvi Movers informs about disclosure <div style="text-align: justify;">Sanghvi Movers has informed regarding announcement under Regulation 30 of SEBI (Listing Obligations &amp; Disclosure Requirements) Regulations, 2015, for disclosure with respect to Online Dispute Resolution Mechanism.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
05-Jan-2024 Sanghvi Movers informs about compliance certificate <div style="text-align: justify;">Sanghvi Movers has informed that it enclosed certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended on 31 December 2023.</div><div style="text-align: justify;"><br></div><div style="text-align: justify;">The above information is a part of company's filings submitted to BSE.</div><div style="text-align: justify;"><br></div>
20-Dec-2023 Rail Vikas Nigam, LTIMindtree and Kilburn Engineering to see some action today <p style="text-align: justify;"><b>Rail Vikas Nigam</b>'s (RVNL) joint venture (JV) KRDCL-RVNL has emerged as the Lowest Bidder (L1) for Varkala Sivagiri Railway Station - Major upgradation/redevelopment of Varkala Sivagiri Railway Station in Kerala. The project cost is Rs 123.36 crore. The said project is expected to be completed in 30 months.&nbsp;</p><p style="text-align: justify;"><b>LTIMindtree</b> has collaborated with Microsoft to introduce cutting-edge, AI Powered Employee Engagement Applications. This collaboration marks a significant leap forward in delivering enhanced employee and customer experiences. Under the umbrella of LTIMindtree's innovative Canvas.AI suite of AI offerings and solutions, these Generative AI Powered Employee Engagement Applications will redefine enterprise effectiveness and enable greater personalization.</p><p style="text-align: justify;"><b>Kilburn Engineering</b> has received an LoI from a leading Indian steel manufacturer amounting to Rs 18.85 crore for an Externally Fired Superheater. Earlier, the company had received various LOIs/ orders worth Rs 46.45 crore.</p><p style="text-align: justify;"><b>Sanghvi Movers</b> has received work order aggregating to Rs 166 crore from one of eminent Independent Power Producers (IPP) in the renewable energy sector, for providing Cranes, WTG Inter-carting, Installation &amp; Pre-commissioning and making WTG Foundations with geotechnical analysis. The total duration of this contract is 24 months starting from January - 2024 till January 2026.&nbsp;</p><p style="text-align: justify;"><b>Bank of Baroda</b> has launched the bob BRO Savings Account - a Zero Balance Savings Account especially designed for students aged 16 to 25 years. The bob BRO Savings account provides students access to a banking programme that is customised to meet their specific needs and is easy &amp; straightforward to operate, with no minimum balance requirement, a lifetime complimentary debit card and a number of other benefits.</p><p style="text-align: justify;"><b>KIOCL</b> has resumed the pellet production at Pellet Plant Unit of the Company situated at Mangalore. The pellet production has been resumed with effect from December 19, 2023.</p><p style="text-align: justify;"><b>Steelman Telecom</b> has received a work orders worth of Rs.29.70 crore from Bharti Airtel Services for the purpose of Network Maintenance of Bharti Airtel.</p>