Latest news with #SanghviMovers
Mint
11-08-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 11 August 2025
Breakout stocks buy or sell: A sharp wave of selling swept through the Indian stock market, pulling the benchmark indices down by around 1 per cent each, on Friday, August 8. The Sensex tumbled 765 points, or 0.95 per cent, to settle at 79,857.79, while the Nifty 50 slipped 233 points, or 0.95 per cent, ending at 24,363.30. Among the broader markets, the BSE Midcap index fell 1.56 per cent, and the Smallcap index declined 1.03 per cent. Sumeet Bagadia, Executive Director at Choice Broking, believes that Indian stock market sentiment has turned weak as the Nifty 50 index has slipped below 24,500 decisively and the 50-stock index has now made its base around its 200-DEMA support at 24,000. Speaking on the outlook of Indian stock market, Bagadia said, ' On the upper side 24,550 is expected to work as immediate hurdle. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five breakout stocks to buy today: Sanghvi Movers, Gujarat State Fertilizers & Chemicls, Nuvoco Vistas Corporation, Yatharth Hospital & Trauma Cre Srvcs, and Fortis Healthcare. 1] Sanghvi Movers: Buy at ₹ 307.1, target ₹ 330, stop loss ₹ 297; 2] Gujarat State Fertilizers & Chemicls: Buy at ₹ 213.2, target ₹ 229, stop loss ₹ 206; 3] Nuvoco Vistas Corporation: Buy at ₹ 440.05, target ₹ 470, stop loss ₹ 425; 4] Yatharth Hospital & Trauma Cre Srvcs: Buy at ₹ 706.1, target ₹ 760, stop loss ₹ 680; 5] Fortis Healthcare: Buy at ₹ 897.35, target ₹ 960, stop loss ₹ 865. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
06-08-2025
- Business
- Business Standard
Sanghvi Movers standalone net profit rises 3.01% in the June 2025 quarter
Sales rise 21.71% to Rs 159.35 croreNet profit of Sanghvi Movers rose 3.01% to Rs 41.81 crore in the quarter ended June 2025 as against Rs 40.59 crore during the previous quarter ended June 2024. Sales rose 21.71% to Rs 159.35 crore in the quarter ended June 2025 as against Rs 130.93 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 22 OPM %52.7755.95 -PBDT87.5687.15 0 PBT56.2154.61 3 NP41.8140.59 3 Powered by Capital Market - Live News
Business Standard
18-06-2025
- Business
- Business Standard
Sanghvi Movers arm rebrands to Sangreen SioRenew
Sanghvi Movers announced that the Ministry of Corporate Affairs (MCA) has approved the name change of its wholly owned subsidiary from Sanghvi Movers provides medium- to heavy-duty cranes on a rental basis to various private and public sector undertakings. SMLs crane fleet consists of medium- to large-sized hydraulic truck-mounted telescopic and lattice boom cranes and crawler lattice boom cranes having a lifting capacity ranging from 20 MT to 1000 MT. The companys standalone net profit fell 9% to Rs 43.45 crore on a 1.9% drop in revenue from operations to Rs 162.32 crore in Q4 FY25 over Q4 FY24. Shares of Sanghvi Movers shed 0.30% to Rs 284.65 on the BSE.
Business Standard
21-05-2025
- Business
- Business Standard
Sanghvi Movers standalone net profit declines 8.99% in the March 2025 quarter
Sales decline 1.89% to Rs 162.32 crore Net profit of Sanghvi Movers declined 8.99% to Rs 43.45 crore in the quarter ended March 2025 as against Rs 47.74 crore during the previous quarter ended March 2024. Sales declined 1.89% to Rs 162.32 crore in the quarter ended March 2025 as against Rs 165.44 crore during the previous quarter ended March 2024. For the full year,net profit declined 29.86% to Rs 131.82 crore in the year ended March 2025 as against Rs 187.94 crore during the previous year ended March 2024. Sales declined 9.61% to Rs 540.95 crore in the year ended March 2025 as against Rs 598.49 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 162.32165.44 -2 540.95598.49 -10 OPM % 54.8755.66 - 52.8063.48 - PBDT 91.4797.55 -6 306.43383.13 -20 PBT 60.1864.37 -7 177.95251.29 -29 NP 43.4547.74 -9 131.82187.94 -30
