{"id":105100,"date":"2023-07-11T14:26:23","date_gmt":"2023-07-11T08:56:23","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=105100"},"modified":"2023-07-11T14:26:24","modified_gmt":"2023-07-11T08:56:24","slug":"multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/","title":{"rendered":"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2556787506\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1098549793\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>With a market capitalization of Rs 2,411 crore, Sanghvi Movers Ltd shares were trading at Rs 557.90, up 2.19 percent on the NSE at 1:55 p.m.<\/p><p>As per exchange filings, <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SANGHVIMOV\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Sanghvi Mover<\/a><\/strong> received work orders from Independent Power Producers (IPPs) involved in renewable energy generation for crane rental services, and other linked services such as wind turbine generator (WTG) surface logistics and wind farm and storage yard construction. Sanghvi Movers clients are projected to boost their power production capacity by 539 MW as a result of orders worth Rs 150 crore.<\/p><p>The company&#8217;s share has given multibagger returns of 139 percent in a year. If a shareholder invested Rs 1 lakh in the company, it would be worth Rs 2.39 lakhs in a year, and the share has gained 61 percent in the previous six months.<\/p><div class=\"trade-content_5\" id=\"trade-709956963\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Sanghvi Movers is&nbsp; engaged in the business of supplying hydraulic and crawler cranes to different infrastructure businesses.<\/p><p>According to the company&#8217;s financials, operating revenue climbed by 15 percent to Rs 126 crore in Q4FY23 compared to the same quarter last year. Similarly, net profit increased by 83 percent to Rs 33 crores.<\/p><p>In addition, revenue increased by 36 percent year on year, going from Rs 335 crore in FY 21-22 to Rs 455 crore in FY 22-23. Net profit increased by 286 percent within the same time, from Rs 29 crore to Rs 112 crore.<\/p><p>The promoter held 47.25 percent of the company in FY23, while retail investors owned 49.61 percent.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1267530180\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company With a market capitalization of Rs 2,411 crore, Sanghvi Movers Ltd shares were trading at Rs 557.90, up [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":69898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[9907,9906,948,936,9908],"class_list":["post-105100","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-sanghvi-mover-latest-news","tag-sanghvi-mover-share-price","tag-stock-market","tag-stock-market-news","tag-why-is-sanghvi-mover-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers\" \/>\n<meta property=\"og:description\" content=\"The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-11T08:56:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-11T08:56:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/\",\"url\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/\",\"name\":\"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers - Trade Brains Features\",\"isPartOf\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"datePublished\":\"2023-07-11T08:56:23+00:00\",\"dateModified\":\"2023-07-11T08:56:24+00:00\",\"author\":{\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\"},\"description\":\"The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company\",\"breadcrumb\":{\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#primaryimage\",\"url\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"contentUrl\":\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg\",\"width\":1280,\"height\":854},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/tradebrains.in\/features\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/tradebrains.in\/features\/#website\",\"url\":\"https:\/\/tradebrains.in\/features\/\",\"name\":\"Trade Brains\",\"description\":\"Stock Market NSE\/BSE Latest News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/tradebrains.in\/features\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666\",\"name\":\"Trade Brains\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g\",\"caption\":\"Trade Brains\"},\"sameAs\":[\"http:\/\/tradebrains.in\/\"],\"url\":\"https:\/\/tradebrains.in\/features\/author\/trade-brains\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers - Trade Brains Features","description":"The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/","og_locale":"en_US","og_type":"article","og_title":"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers","og_description":"The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company","og_url":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/","og_site_name":"Trade Brains Features","article_publisher":"https:\/\/www.facebook.com\/TradeBrainsOfficial\/","article_published_time":"2023-07-11T08:56:23+00:00","article_modified_time":"2023-07-11T08:56:24+00:00","og_image":[{"width":1280,"height":854,"url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","type":"image\/jpeg"}],"author":"Trade Brains","twitter_card":"summary_large_image","twitter_image":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","twitter_creator":"@TradeBrainsGrp","twitter_site":"@TradeBrainsGrp","twitter_misc":{"Written by":"Trade Brains","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/","url":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/","name":"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers - Trade Brains Features","isPartOf":{"@id":"https:\/\/tradebrains.in\/features\/#website"},"primaryImageOfPage":{"@id":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#primaryimage"},"image":{"@id":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#primaryimage"},"thumbnailUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","datePublished":"2023-07-11T08:56:23+00:00","dateModified":"2023-07-11T08:56:24+00:00","author":{"@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666"},"description":"The shares of the largest crane hiring firm in India and the third largest in Asia rose 6 percent reaching a 52-week high after company reported an order worth Rs 150 crore from renewable energy power company","breadcrumb":{"@id":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#primaryimage","url":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","contentUrl":"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/10\/Martkets-1214-Cover-image.jpg","width":1280,"height":854},{"@type":"BreadcrumbList","@id":"https:\/\/tradebrains.in\/features\/multibagger-stock-jumps-up-to-6-after-winning-an-order-worth-150-cr-from-independent-power-producers\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/tradebrains.in\/features\/"},{"@type":"ListItem","position":2,"name":"Multibagger stock jumps up to 6% after winning an order worth \u20b9 150 Cr from Independent Power Producers"}]},{"@type":"WebSite","@id":"https:\/\/tradebrains.in\/features\/#website","url":"https:\/\/tradebrains.in\/features\/","name":"Trade Brains","description":"Stock Market NSE\/BSE Latest News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/tradebrains.in\/features\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/640937d840c7695c8f8995dd15ae0666","name":"Trade Brains","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/tradebrains.in\/features\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/bd7d6331c5ab74181158fb2f0f0d9eada16909507ed513a20867478cf3bbdd43?s=96&d=mm&r=g","caption":"Trade Brains"},"sameAs":["http:\/\/tradebrains.in\/"],"url":"https:\/\/tradebrains.in\/features\/author\/trade-brains\/"}]}},"_links":{"self":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/105100","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/comments?post=105100"}],"version-history":[{"count":1,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/105100\/revisions"}],"predecessor-version":[{"id":105103,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/posts\/105100\/revisions\/105103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media\/69898"}],"wp:attachment":[{"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/media?parent=105100"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/categories?post=105100"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradebrains.in\/features\/wp-json\/wp\/v2\/tags?post=105100"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}