Sanghvi Movers shares jump 9% after major work order worth ₹428.72 Cr, here's detailSanghvi Movers shares jump 9% after major work order worth ₹428.72 Cr, here's detail

Introduction

Leading renewable energy firm’s subsidiary secured Rs. 428.72 crore domestic orders from IPPs for 270.6 MW wind projects, covering EPC, civil works, WTG installation, and completion by Q1 FY 2027-28.

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Share price movement of Sanghvi Movers

On December 23, 2025, Sanghvi Movers Ltd opened at ₹370.00, up 6.60% from its previous close of ₹347.05. The stock reached a high of ₹378.00 (8.91%) and a low of ₹360.80. By 1:14 PM, it traded at ₹363.10, a 4.62% increase, with a market cap of ₹3,143.57 crore.

Sangreen Future Renewables Wins Rs. 428.72 Crore Orders

Sangreen Future Renewables Private Limited, subsidiary of Sanghvi Movers, received work orders worth Rs. 428.72 crore from various Independent Power Producers (IPPs) in India. Orders cover 270.6 MW projects.

The orders include EPC for wind BOP, civil foundation construction, internal and external pathways, crane platforms, WTG installation, mechanical completion, pre-commissioning, and 33Kv line works. Permits and approvals are included.

The projects will start in Q3 FY 2025-26 and complete by Q1 FY 2027-28. The contracts are domestic and focus on renewable energy infrastructure across multiple IPP locations.

Stock performance of Sanghvi Movers for Period of 1 week, 6 months, and 1 year

Sanghvi Movers Ltd delivered a 10.0% return over the past week. It gained 21.9% in the past six months and rose 13.8% over the past year.

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Shareholding pattern of Sanghvi Movers

Particulars	Sep 2025	Jun 2025	Mar 2025
Promoter	47.30%	47.30%	47.30%
FII	1.70%	1.40%	2.10%
DII	1%	2%	3.30%
Public	49.60%	49.70%	47.40%

About Sanghvi Movers

Sanghvi Movers Ltd (NSE: SANGHVIMOV) provides medium to heavy duty cranes on rental basis. Its fleet includes hydraulic truck-mounted and crawler lattice boom cranes with lifting capacities from 20 MT to 1000 MT.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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