Sanghvi Movers is currently trading at RS 306.00, up by 4.25 points or 1.41% from its previous close of RS 301.75 on the BSE.

The stock opened at RS 301.75 and touched an intraday high of RS 308.70 and a low of RS 301.75. A total of 4,490 shares have been traded so far.

The BSE Group ‘A’ stock, with a face value of RS 1, recorded a 52-week high of RS 412.90 on 09-Oct-2025 and a 52-week low of RS 205.00 on 07-Apr-2025. Over the past week, the scrip moved between RS 312.00 and RS 290.85. The company’s current market capitalization stands at RS 2,649.66 crore.

Promoter holding in the company is 47.25%, while institutional investors and non-institutional investors hold 3.11% and 49.64%, respectively.

Meanwhile, Sanghvi Movers has entered into a memorandum of understanding (MoU) with Action Construction Equipment (ACE), formalized at EXCON 2025. The strategic partnership aligns with the company’s long-term vision ELEVATE 2030, particularly under its Product Portfolio Diversification initiative. As per the MoU, Sanghvi Movers will progressively expand its fleet with heavy cranes manufactured by ACE.

The move is aimed at supporting domestic manufacturing while enabling faster, more cost-efficient, and reliable project execution across India. ACE will provide priority product support, customized solutions, and technical assistance tailored to the company’s operational requirements amid India’s rapidly growing infrastructure sector.

This collaboration underscores Sanghvi Movers’ focus on increasing the use of Indian-made heavy lifting equipment, reducing dependence on imports, and strengthening domestic capabilities in this capital-intensive industry.

Sanghvi Movers is engaged in the business of providing hydraulic and crawler cranes to various infrastructure-related industries.