India's Sanghvi Movers surges on higher quarterly profit

Sammaan Capital

21/05/2026 08:03

** Shares of India's Sanghvi Movers SNGM.NS up as much as 16.08%, last up 12.19% at 361.35 rupees

** Stock logs biggest intraday pct gain since April 1

** SNGM posted a profit of 687.9 million rupees ($7.14 million) in Q4, up ~28% Y/Y

** Revenue from ops grew 31% to 3.51 billion rupees

** Trading vols at 7.4 million shares, about 27x the 30-day avg

** Despite today's gains, stock down ~7% YTD

($1 = 96.3175 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))