Sanghvi Movers secures contract for ₹166 crore; stock gains

Madhu Balaji Updated - December 19, 2023 at 03:52 PM.

Sanghvi Movers Limited has received work order aggregating to ₹166 crore from an independent power producer (IPP) in the renewable energy sector, for providing cranes, WTG inter-carting, installation and precommissioning and making WTG Foundations with geotechnical analysis.

The total duration of this contract is 24 months starting from January 2024 till January 2026.

The company’s stock closed 0.98% higher at ₹804.90 on NSE.

Published on December 19, 2023 10:22

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