Sanghvi Movers Share Price

Sanghvi Movers Limited, together with its subsidiaries, operates as a crane rental company in India. It operates through crane hiring and ancillary services, wind EPC, and project EPCsegments. In addition, the company offers equipment, including crawler-mounted cranes with lattice boom and truck-mounted cranes with telescopic boom. Further, it generates wind and solar power. The company serves construction, power, oil and gas, heavy engineering, infrastructure, renewable wind energy, steel, cement, fertilizers, petrochemical and refinery, and metro railway industries. The share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Sanghvi Movers stock price is influenced by various factors such as earnings, fleet utilization rates, rental realizations, debt levels, and capital expenditure cycles. In the longer run, strategies such as fleet modernization, expansion into high-growth sectors, and improvement in operating efficiency affect stock market sentiments. All these factors must be closely monitored to have an idea about the Sanghvi Movers stock price movements.

Sanghvi Movers live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Sanghvi Movers live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Sanghvi Movers share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook

Sanghvi Movers Limited Company Fundamentals

Sanghvi Movers Company Background

Sanghvi Movers Limited (SML) is an Indian crane rental and heavylifting solutions company, established on 3 November 1989 and headquartered in Pune, Maharashtra. Listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) since 1995, SML operates one of the largest fleets in the crane rental industry, with over 450 cranes ranging from 40 to 1,600 metric tonnes and a network of 15 strategically located depots across India. The company supports largescale infrastructure, energy and industrial projects by providing crane rentals, project planning, engineering, logistics, and execution services. Its operations include both tyre mounted telescopic cranes and crawler cranes with lattice booms, complemented by inhouse trailers and hydraulic axle lines to ensure efficient mobilization and deployment. SML’s fleet serves more than 450 clients across sectors including power generation, petrochemicals, infrastructure and construction, wind energy, and heavy industry. The company also manages over 175 acres of crane maintenance and parking facilities nationwide, reflecting its extensive operational footprint and longstanding role within the heavy lifting and engineering services segment.

Sanghvi Movers Company Product Lines

Sanghvi Movers Limited offers a diversified range of crane and heavy lift solutions tailored to infrastructure and industrial applications:

• Truck Mounted & All Terrain Telescopic Boom Cranes:
  • Tyre mounted cranes with telescopic booms.
  • Lifting capacities ranging from 18 MT to 500 MT.
  • Configurations include main boom, fixed jib, runner, luffing jib, and derrick attachments.
  • Suitable for urban and highway construction, industrial plant erection, and general heavy lifting.
• Crawler Cranes with Lattice Boom:
  • Heavy-duty crawler cranes with lattice booms covering 80 MT to 1600 MT capacities.
  • Provide stable base and high lifting performance on varied terrains for largescale projects.
  • Equipped with super lift counterweights and various hook block capacities.
• Supporting Equipment & Accessories:
  • Steel plates and mats for ground support and stabilization.
  • Ancillary rigging tools and tackle.
  • Inhouse trailers and hydraulic axle lines to eliminate thirdparty logistics bottlenecks.

These products are deployed across power, refinery, cement, steel, wind energy, metro and civil infrastructure projects.

Sanghvi Movers Company Revenue Model

Sanghvi Movers generates revenues primarily through the rental and associated services of heavy lifting equipment:

• Crane Rental Services:
  • Core revenue stream from leasing cranes to contractors, infrastructure developers and industrial clients on a time-based or project based fee.
  • Charges vary depending on crane capacity, deployment duration, travel/mobilization, and operational complexity.
• Project and Engineering Services:
  • Value-added engineering, planning and execution services where SML engineers tailor lifting solutions for specific project challenges.
• Logistics and Support Services:
  • Revenue from logistics planning, transport of cranes using specialised trailers and axle lines, rigging, erection and onsite supervision.
• Long Term Contracts:

Multiyear or large project contracts which provide stable recurring revenues through retention of cranes at project sites.

• Strategic Business Units:
  • Diversified subsidiaries such as Sangreen Renewables, Sangreen Logistics and Sanghvi Movers Middle East expand revenue sources into renewables and international logistics.
• Asset Utilisation:
  • Optimised fleet deployment improves capacity utilisation and revenue yields, with average fleet utilisation rising in recent years

Sanghvi Movers Geographic Presence

India (Primary Market):

• Extensive operational footprint across India with several active project sites and over 15 depot locations, including major regions such as Pune, Nagpur, Jamnagar, Bharuch, Delhi, Cuttack, Bangalore and Chennai.

• Supports infrastructure projects in power, refinery, steel, cement, renewable energy and urban construction sectors.

Middle East:

• Operating and supporting large infrastructure, industrial and energy projects across the Middle East.

International Expansion:

• Established Sanghvi Movers Vietnam Company Limited (2021) to increase utilisation and address regional project demands.

• Incorporated Sanghvi Movers Middle East Ltd. (KSA) in 2025, reflecting strategic expansion.

Renewable Energy & Adjacent Markets:

• Through subsidiaries like Sangreen Renewables Private Limited, presence in wind and renewable energy sectors broadens geographic services beyond conventional crane rental markets

Sanghvi Movers Leadership 

Some of the key leaders of Sanghvi Movers Limited as of February 2026 are:

• Rishi C. Sanghvi – Managing Director
• Madhu P. Dubhashi – Non-Executive Independent Director
• Indraneel Chitale – Non-Executive Independent Director
• Tushar Mehendale – Non-Executive Independent Director
• Deepak Thombre – Non-Executive Independent Director
• Amitabha Mukhopadhyay – Non-Executive Independent Director
• Gaurang Desai – Chief Executive Officer
• Pradeep Mehta – Chief Financial Officer
• Prajwal Kumar – Chief Business Officer
• Akshay Pore – Chief Strategy Officer
• Rekha Shinde – Chief People Officer

Sanghvi Movers Key Milestones

• 1989: Company established on November 3.
• 1995: Listed on BSE & NSE following public issue.
• 1997–98: Imported 28 cranes worth Rs 26 crore for major refinery and oil field projects.
• 1998: Acquired crane division of Maharashtra Erectors Ltd.
• 2000–01: Opened depots/workshops at Bharuch and Chennai.
• 2003: Entered power generation with 5.05 MW wind mills in Rajasthan and Karnataka.
• 2004–07: Fleet expansion with over Rs 430 crore of equipment acquisitions.
• 2009–10: Commissioned wind power operations in key states.
• 2021: Incorporated Sanghvi Movers Vietnam Company Limited (16 September).
• 2023: Expanded fleet to 394 cranes.
• 2024: Launched SAMAGRA project; formed Sangreen Renewables Private Limited (23 March).
• 2025: Incorporated subsidiaries Sangreen Future Renewables Pvt. Ltd., Sangreen Logistics Pvt. Ltd. and Sanghvi Movers Middle East Ltd. (KSA)

Industry Perspective

Sanghvi Movers operates within the crane rental and heavy lifting services industry, an integral part of the broader construction equipment rental market that supports infrastructure, industrial and energy sectors. Globally, the crane rental market is steadily expanding with forecasts projecting continuous growth driven by rising construction activity, infrastructure modernization, and increasing preference for rental over ownership to reduce capital expenditure. The worldwide crane rental market is expected to grow to approximately USD 77 billion by 2035 at a CAGR of around 3% from 2025 to 2035, with the Asia Pacific region, including India, leading growth due to infrastructure investment and urbanisation. In India specifically, the crane rental market is projected to expand at a higher CAGR (approx. 6.7% from 2025 to 2034) with market size forecast to more than double by 2034, supported by public and private investment in highways, metro systems, ports, industrial plants, and renewable energy projects. Rental crane services are essential for largescale projects such as power plant installations, refinery constructions, metro and bridge developments, wind turbine erection, and heavy industrial builds. Demand is bolstered by the shift toward asset light project execution models, where contractors increasingly prefer renting specialised lifting equipment with professional operators to enhance flexibility and cost efficiency.

Sanghvi Movers Limited Stock Market Presence: Listings & Index Representation

Sanghvi Movers Limited is an established entity in the Indian stock market, listed on major exchanges. Its NSE symbol is SANGHVIMOV and its BSE scrip code is 530073. Its inclusion in prominent indices like the BSE 1000, S&P BSE Industrials, BSE Next 250 Microcap, S&P BSE MidSmallCap, S&P BSE SmallCap, and S&P BSE AllCap underscores the company’s significance in India’s industrial services and capital goods sector.

Sanghvi Movers stock price is tracked by investors focused on the infrastructure theme. Its inclusion in these indices reflects its market capitalisation and operational scale in the crane rental industry. Listing on NSE and BSE ensures liquidity, while its index presence drives awareness and tracking within the capital goods and industrials sector.

Sanghvi Movers Limited Stock Performance and Share Price History

Sanghvi Movers share price on NSE and BSE reflects its status as a leading crane rental specialist. Performance is driven by fleet utilization, rental day rates, project execution, and industry demand cycles. Investors compare Sanghvi Movers share price today with benchmark indices and peer companies to gauge relative performance.

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader industrial sector strength has also played a role in supporting Sanghvi Movers share price. In addition to operational and sector-led factors, corporate actions can also have a significant impact on Sanghvi Movers share price movements short-term even when the company’s fundamentals remain strong. This shows how corporate actions can trigger short-term swings, even within a cyclical industry framework influenced by economic activity and infrastructure spending.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Sanghvi Movers share price 52-week high and low, providing context beyond daily or weekly changes. The 52-week high of ₹411.90 and low of ₹206.00 capture impacts of business cycles, growth expectations, and earnings visibility, providing context for the stock’s historical performance.

Sanghvi Movers stock performance reflects the trading behaviour of a company operating within India’s project-driven infrastructure ecosystem. The company’s diversified client base, modern fleet, and focus on specialized heavy-lifting have shaped its Sanghvi Movers share price history. Over time, the stock has shown significant volatility, marked by periods of sharp gains and phases of consolidation.

The Sanghvi Movers share price delivered strong returns in specific years, driven by improved industrial activity and strong financial performance. For instance, the stock gained 316.67% in 2014, 218.77% in 2009, and 153.07% in 2023. These surges in the Sanghvi Movers share price were often linked to robust revenue growth, profit expansion, and positive sectoral tailwinds. Conversely, the Sanghvi Movers stock price experienced significant declines during challenging periods. The share price fell by 77.32% in 2008 amid the global financial crisis, by 51.87% in 2011, and by 42.39% in 2016. These decreases in the Sanghvi Movers share price correlated with economic slowdowns, reduced capital expenditure, and weaker financial results, including periods of net losses.

Over longer investment horizons, the stock has delivered substantial returns, including a gain of 410.91% over five years and 76.13% over three years, highlighting its cyclical recovery phases. Despite COVID-19 disruptions in 2020 and 2021 which impacted project timelines, Sanghvi Movers shares showed resilience. While the broader industrial sector faced challenges, a focus on cost management and a subsequent recovery in demand helped the Sanghvi Movers share price regain momentum in the following years.

Sanghvi Movers Limited Investor Relevance and Portfolio Role

Sanghvi Movers offers exposure to India’s infrastructure development and industrial capex cycles through its niche crane rental business. Inclusion in various BSE indices underscores its relevance within the capital goods segment. Its asset-heavy model, fleet utilization rates, and sectoral demand make it a strategic holding for investors seeking industrial and thematic allocations.

Sanghvi Movers equity is held by a mix of institutional investors reflecting its positioning. Top mutual fund holders include Quantum Mutual Fund – Small Cap Fund. Global funds such as American Century ETF Trust – Avantis Emerging Markets Equity ETF, DFA Investment Dimensions Group Inc. – Emerging Markets Core Equity 2 Portfolio, SPDR Index Shares Funds – State Street SPDR Portfolio Emerging Markets ETF, and Dimensional Funds ICVC – Dimensional Emerging Markets Core Equity Fund also hold stakes.

Beyond fundamentals and ownership, Sanghvi Movers stock price is subject to market sentiment around infrastructure spending. Technical indicators such as RSI or MACD provide additional insight into short-term momentum shifts in Sanghvi Movers stock price. While primarily used for near-term trading, these tools can also help gauge market sentiment and potential volatility around major events like quarterly results or large project awards.

Sanghvi Movers’ beta indicates its volatility relative to the market. The long-term beta is 0.839. However, beta values vary across timeframes: 0.983 on a daily one-month range, 1.39 on a daily three-month range, 2.25 on a weekly one-year range, 2.13 on a weekly two-year range, 2.11 on a two-week two-year range, and 0.750 on a monthly two-year range. These figures show that Sanghvi Movers share price can exhibit low correlation over long periods but significantly higher volatility over shorter weekly and yearly horizons, reflecting its sensitivity to project news and sector cycles.

Sanghvi Movers Limited Sectoral Relevance and Peer Positioning

Sanghvi Movers sector relevance stems from its scale in the crane rental and heavy lift services, modern fleet size, technical expertise, and pan-India operations, establishing it as a key player supporting India’s infrastructure and industrial project ecosystem. Peer comparisons with companies like Sanghvi Movers, such as Action Construction Equipment, TIL Limited, Electrosteel Castings, and other industrial service providers, focus on fleet size, utilization rates, rental realizations, and debt profile rather than short-term stock moves. These benchmarks help investors assess operational scale, efficiency, and positioning within the niche heavy-lifting market.

Sanghvi Movers P/E ratio demonstrates how the market values the company’s earnings relative to the cyclical nature of its business. Historically, the P/E ratio has shown wide fluctuations, reaching a very high 31.14 in March 2024 and a low of -30.36 in March 2020 during a loss-making period. The latest reported P/E as of March 2025 was 13.50. These shifts in the Sanghvi Movers share price valuation reflect market reassessment of earnings growth, margin trends, and the capital goods sector’s credit conditions.

Alongside valuation, Sanghvi Movers EPS highlights operational performance and income generation. EPS has been volatile, reflecting the business cycle: it was -5.18 in March 2021, grew to 6.80 in March 2022, surged to 25.88 in March 2023, and peaked at 43.22 in March 2024, before moderating to 14.74 in March 2025. These trends correspond closely to revenue growth, project execution efficiency, and industry demand, providing insight into the company’s performance.

Sanghvi Movers market cap underscores its prominence within its segment. The market cap has increased from ₹156.78 million in June 1998 to ₹26.24 billion as of February 2026. Historically, it has seen significant annual changes: rising 118.14% to ₹10.20B in 2021, 37.42% to ₹14.02B in 2022, 152.78% to ₹35.44B in 2023, falling 25.08% to ₹26.55B in 2024, and rising 12.81% to ₹29.96B in 2025, before a recent adjustment.

Finally, Sanghvi Movers long-term earnings trajectory demonstrates cyclical growth tied to infrastructure investment. Financial disclosures show Total Revenue growing from ₹75.38 crore in March 2005 to ₹782.12 crore in March 2025. Net Income has seen significant swings, from ₹13.70 crore in 2005 to a peak of ₹187.94 crore in 2024, with intermittent loss years like 2021 (-₹22.42 crore). These trends reflect the company’s sensitivity to economic cycles, project awards, and its operational scale within the specialized rental sector.

Summary

Sanghvi Movers is a prominent player in India’s crane rental and heavy lifting services sector. Its share price is influenced by fleet utilization, industrial capex cycles, and financial performance. The stock, listed on key indices, shows a history of cyclical volatility with periods of strong growth and consolidation. Monitoring the Sanghvi Movers share price involves understanding its niche market drivers, peer positioning, and the broader infrastructure investment landscape.