301.2000 -0.65 (-0.22%)
NSE Dec 08, 2025 13:04 PM
Volume: 172.2K
 

301.20
-0.22%
HDFC Securities
Sanghvi Movers (SGM) delivered a strong 3QFY16. Revenues/EBITDA was ~6/13% above our estimates on account of increased crane utilisation rates of ~83% (~80% in 2QFY16) and yields of ~3.06% (~3.05% in 2QFY16). EBIDTA margins expanded ~800bps YoY (-241bps QoQ) to ~66.8% (~424bps above our estimates), driven by lower other expenses and freight costs.
Sanghvi Movers Ltd. is trading below all available SMAs
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