Sanghvi Movers Secures $4.3 Million Work Order, Strengthening Growth Outlook

Sanghvi Movers Ltd, India’s largest crane rental company and a key player in heavy-lift engineering services, disclosed that its unit has secured a work order valued at $4.3 million. This development underscores the company’s operational strength and its ability to attract large-scale contracts in infrastructure and industrial projects.

The new order is expected to contribute significantly to revenue visibility and enhance Sanghvi Movers’ market presence. Industry analysts note that the company’s diversified portfolio across sectors such as power, steel, cement, and construction continues to drive demand for its specialized services.

Key Highlights:

• Work Order Value: $4.3 million awarded to Sanghvi Movers unit.
• Sector Impact: Supports infrastructure and industrial project execution.
• Strategic Importance: Reinforces leadership in crane rental and heavy-lift services.
• Revenue Outlook: Adds to near-term growth visibility.
• Market Position: Strengthens presence in India’s infrastructure ecosystem.

This contract win reflects Sanghvi Movers’ consistent focus on operational excellence and its ability to deliver value in India’s rapidly expanding infrastructure sector.

Sources: Company filing – Sanghvi Movers Ltd corporate disclosure, Economic Times industry updates, Business Standard market reports.