HDFC Securities
Sanghvi Movers (SGM) 1QFY17 revenues/EBITDA were ~8.2/11.5% below estimates on account of a seasonal fall in crane utilisation to ~79% (~84% in 4QFY16) and yield to ~2.8% (~3.15% in 4QFY16).
Sanghvi Movers Ltd. is trading below its 150 day SMA of 299.9
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