Introduction
Leading renewable energy subsidiary has secured work orders worth Rs. 292 crore from domestic Independent Power Producers. The projects cover wind Balance of Plant activities, including installation, civil works, and internal power infrastructure across multiple sites.
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Share price movement of Sanghvi Movers
On September 16, 2025, Sanghvi Movers Ltd opened at ₹387.00, up 3.81% from its previous close of ₹372.65. The stock reached a high of ₹389.90 and a low of ₹376.10. By 10:47 AM, it traded at ₹377.95, a 1.42% increase, with a market cap of ₹3,272.14 crore.
Sangreen Future Secures Rs. 292 Crore Orders
Sangreen Future Renewables Private Limited, a material subsidiary of Sanghvi Movers Limited, has been awarded work orders worth Rs. 292 crore by various domestic Independent Power Producers. The orders cover Wind Balance of Plant projects.
The scope of work includes constructing WTG civil foundations, internal roads, crane platforms, intercarting of turbines, installation of WTGs, mechanical completion, internal 33KV line works, and DP yards for the respective wind turbines across project sites. The projects are scheduled to start in Q2 of FY 2025-26 and complete by Q1 of FY 2026-27.
Stock performance of Sanghvi Movers for Period of 1 week, 6 months, and 1 year
Sanghvi Movers Ltd delivered a 13.4% return over the past week, it gained 50.5% in the past six months. The stock declined 7.61% over the past year.
Also Read: Lodha Developers: Stock jumps after signing ₹30,000 Cr MoU with Maha Govt
Shareholding pattern of Sanghvi Movers
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 47.30% | 47.30% | 47.30% |
| FII | 1.40% | 2.10% | 2.90% |
| DII | 1.60% | 3.30% | 3.90% |
| Public | 49.70% | 47.40% | 45.90% |
About Sanghvi Movers
Sanghvi Movers Ltd (NSE: SANGHVIMOV) provides medium to heavy-duty cranes on rental basis. Its fleet includes hydraulic truck-mounted, lattice boom, and crawler 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.
FAQs
A: Sanghvi Movers Ltd share price is rising after its subsidiary secured Rs. 292 crore wind Balance of Plant orders.
A: Sanghvi Movers Ltd specializes in providing medium to heavy-duty cranes on rental basis to private and public sector clients.
A: Promoters hold a 47.30% stake in Sanghvi Movers Ltd, maintaining significant control over the company.
