Sanghvi Movers Ltd receives order in excess of Rs. 20 crores

Sanghvi Movers Limited has received the single largest order in excess of Rs. 20 crores from one of its reputed clients for deployment of various heavy duty cranes upto 800 metric tons. The duration of this contract is between 4-8 months with further possible extensions. These cranes would be deployed in one of the core sectors that the company caters to and will be used for capacity expansion.

Shares of SANGHVI MOVERS LTD. was last trading in BSE at Rs.215.05 as compared to the previous close of Rs. 210.75. The total number of shares traded during the day was 33921 in over 1279 trades.

The stock hit an intraday high of Rs. 222 and intraday low of 204.4. The net turnover during the day was Rs. 7227719.

Source : Equity Bulls

Keywords