Support and Resistance Levels
Past performance
About Sanghvi Movers Ltd Sanghvi Movers Ltd, established in 1989, is a prominent player in the crane hiring industry, ranking as the largest in India, third in Asia, and tenth globally. The company specializes in providing hydraulic and crawler cranes, with a fleet of 426 cranes offering a lifting capacity from 20 to 800 tons. It serves critical infrastructure sectors, including wind power, steel, and construction, among others. Sanghvi Movers has strategically positioned depots across India in cities like Pune, Delhi, and Chennai to support its extensive service network.
In addition to its core crane operations, Sanghvi Movers has diversified into power generation with 5.05 MW windmills in Rajasthan and Karnataka. The company has expanded its international footprint by establishing a wholly-owned subsidiary in Vietnam in 2021. With a focus on optimizing crane utilization, Sanghvi Movers achieved a 76% average capacity utilization of its crane fleet in FY 2021-22, underscoring its operational efficiency and market presence.