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Sanghvi Movers secures $4.3 Mn work order from Jindal Energy Botswana, check details

Sanghvi Movers Limited received a USD 4.3 million work order through its subsidiary in Botswana to supply cranes and materials for a 4×175 MW project.
Sanghvi Movers heavy-duty crane used in infrastructure project

Introduction

Leading engineering and crane solutions provider secures a USD 4.3 million international contract through its subsidiary to supply cranes and materials for a 4×175 MW energy project in Botswana.

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Share price movement of Sanghvi Movers

On January 20, 2026, Sanghvi Movers Ltd opened at ₹316.05, up 2.26% from its previous close of ₹309.05. The stock reached a high of ₹320.10 (3.57%) and a low of ₹295.15. By 3:31 PM, it traded at ₹299.95, a 2.94% decrease, with a market cap of ₹2,596.85 crore.

Sanghvi Movers Secures Botswana Order

Sanghvi Movers Limited’s wholly owned subsidiary, Sanghvi Movers Botswana Proprietary Limited, received a work order worth USD 4.3 million from Jindal Energy Botswana (Pty) Limited for crane supply.

The contract requires Sanghvi Movers Botswana to provide cranes along with agreed materials and manpower according to specified terms. The project involves a 4×175 MW scope for energy operations.

The work is scheduled to start in Q4 FY 2025-26 and complete by Q4 FY 2027-28. The order was awarded by an international entity, valued at USD 4.3 million.

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

Sanghvi Movers Ltd delivered a 1.87% decline over the past week, gained 16.1% in the past 6 months, and increased 2.32% over the past 1 year.

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Shareholding pattern of Sanghvi Movers

ParticularsDec 2025Sep 2025Jun 2025
Promoter47%47%47%
FII1.50%1.70%1.40%
DII1.40%1.40%1.60%
Public49.90%49.60%49.70%

About Sanghvi Movers

Sanghvi Movers Ltd provides medium to heavy duty cranes on rental basis, offering hydraulic and lattice boom cranes with 20 MT to 1000 MT capacity. NSE: SANGHVIMOV

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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

Q: Why is Sanghvi Movers Ltd share price rising today?

A: Sanghvi Movers subsidiary in Botswana secures USD 4.3 million order from Jindal Energy for crane supply and materials for 4×175 MW project.

Q: What is Sanghvi Movers Ltd’s main business focus?

A: Sanghvi Movers Ltd provides medium to heavy duty cranes on rental basis to private and public sector undertakings across India and abroad.

Q: What is the 52-week high and low of Sanghvi Movers Ltd stock?

A: Sanghvi Movers Ltd stock reached a 52-week high of ₹412.90 and a low of ₹205.00, reflecting market fluctuations over the past year.

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