286.6700 19.27 (7.21%)
NSE Apr 02, 2026 15:31 PM
Volume: 677.8K
 

286.67
7.21%
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 its 100 day SMA of 302.3
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