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Sanghvi Movers

Sanghvi Movers

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About

Highlights

Performing rate for the company

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Relaince Group

Sector: Refineries

Market Price

2,529.50

Market Cap(₹Cr.)

2,529.50

-90.00

Quarterly Results ( Figures in Rs. Crores.)

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Shareholders more than 1%

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Documents

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Overview

Sanghvi Movers (SML) incorporated in 1989; is a flagship company of the Sanghvi Group. SML is one the largest crane hiring company in India, 3rd largest in Asia.

The company is ranked 10th largest in the world by Cranes International.

The company owns a fleet of 278 medium to large sized Heavy Duty Hydraulic and crawler cranes with capacity ranging from 20 tons to 800 tons.

SMl has service network at various depots located in Pune, Vadgaon, Chakan, Nagpur, Jamnagar, Bharuch, Delhi, Cuttack, Bangalore, Chennai and others.

The company caters various sectors such as wind power, steel, power, refinery, cement, metals, construction and paper.

It is has clientele namely Suzlon, L & T ECC, Vedanta Group, Inox India, Hyundai, Shapoorji & Pallonji, Reliance, Welspun, Tata Chemicals, GE Power, Tata steel, ACC, Rolls Royce, ONGC, ISPAT are among others.

Achievements

The company was acknowledged as “Fastest Growing equipment- Rental Company” at Construction World-Nicmar Award 2007.

SML was awarded certificate for inclusion in International Cranes and Specialised Transport IC50 listing.

Outlook

The company is planning to invest Rs 500 crore over the next two years for acquiring cranes of various tonnages. In first year the company plans to increase the fleet size from 278 cranes to 329 cranes in crawler and hydraulic segments.

Brands Of Sanghvi Movers

Brands Of Sanghvi Movers

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