Sanghvi Movers trades higher on the bourses

Sanghvi Movers is currently trading at Rs. 177.05, up by 0.60 points or 0.34% from its previous closing of Rs. 176.45 on the BSE.

The scrip opened at Rs. 177.00 and has touched a high and low of Rs. 181.20 and Rs. 175.00 respectively. So far 4284 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 2 has touched a 52 week high of Rs. 229.85 on 02-Jul-2021 and a 52 week low of Rs. 67.00 on 09-Oct-2020.

Last one week high and low of the scrip stood at Rs. 189.90 and Rs. 171.00 respectively. The current market cap of the company is Rs. 766.41 crore.

The promoters holding in the company stood at 47.25%, while Institutions and Non-Institutions held 1.12% and 51.63% respectively.

Sanghvi Movers has incorporated wholly owned Subsidiary company namely ‘Sanghvi Movers Vietnam’ at Vietnam. The company has incorporated wholly owned Subsidiary to carry on all or any of the business of providing service for moving, rigging, dismantling, carting, hauling, transporting, erecting handling, warehousing and storing all types of materials, equipment’s goods, articles or things and providing own or hired equipment for services.   

Sanghvi Movers (SML) is the largest crane rental company in India.

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