SHANGVIMOV : Heavy Lifter of India’s Infra Growth

SANGHVIMOV

📊 Technical Analysis (Weekly Chart)

Trend: After a steep fall from ~₹800 (2024 highs) to ~₹200 (2025 lows), the stock has been consolidating and is now attempting to break out of resistance near ₹350–₹360.

Current Price: ₹334.25

Resistance Levels:

₹350–₹360 (immediate supply zone, highlighted in your chart)

₹420–₹450 (next major resistance)

Support Levels:

₹300 (short-term support)

₹250 (major support, bottom zone)

Chart Structure: Formation of a rounding base; breakout above ₹360 on weekly closing can trigger momentum rally.

View: If price sustains above ₹360, potential upside towards ₹420–₹450; failure to break may lead to retest of ₹300.

🏭 Fundamental Analysis

Business Model: Sanghvi Movers Ltd is India’s largest crane rental company and among the top 10 globally. Provides heavy-lift, engineered transport & installation services, especially to wind energy, power, steel, cement, refinery, and infrastructure projects.

Growth Drivers:

Renewable energy push (especially wind and solar projects requiring heavy cranes).

Infrastructure growth under government’s capex focus.

Demand from steel, cement, oil & gas projects.

Financials (Latest FY24/25) (approximate):

Revenue: ~₹650–700 Cr.

Net Profit: ~₹120–130 Cr (steady growth).

Debt levels moderate; improved operating margins due to higher utilization of crane fleet.

Strengths:

Market leader with strong fleet of high-capacity cranes.

Asset-heavy model creates strong entry barriers.

Benefits from India’s renewable & infra capex cycle.

Risks:

Cyclical industry – earnings depend on capex cycles.

High capital expenditure (maintenance, fleet expansion).

Order inflow variability.

🎯 Conclusion

Technical View: Stock is at a crucial resistance zone (₹350–₹360). A breakout with volume could take it to ₹420–₹450. Support at ₹300.

Fundamental View: Strong long-term player in crane rental, directly benefiting from infra & renewable boom. Earnings visibility is improving with higher crane utilization.

👉 Investor Stance:

Investors: Long-term accumulation is possible; positioned well in the infra/renewable growth cycle, though cyclicality risk exists.

⚠️ Disclaimer:
This analysis is for educational and informational purposes only.
We are not SEBI-registered analysts or advisors.
This is our personal view based on available data and market trends.
Please consult your SEBI-registered investment advisor before making any investment or trading decisions.
You are solely responsible for any financial decisions you make based on this content.


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Trade Secrets By Pratik
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