Sanghvi Movers

Clients of Sanghvi Movers

Excellent Results by Sanghvi:

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A Technical Analysis Viewpoint:

Similarity between Sanghvi and Inox wind charts, even though Inox wind is a former client. Something might be brewing in the wind energy space…

Rishi S of Sanghvi Movers. We are seeing demand
across sectors

Rishi S of Sanghvi Movers- We are seeing demand across sectors r833J.pdf (1.9 MB)


Only 1100 MW wind installations in FY 22. Incremental 500 MW since September '21. Anemic addition in wind capacity.



An update on this:

Both InoxWind and SanghviMovers have completed their right shoulder in H&S formation.


To consider Dividend for the 1st time since 2017…


Investor Presentation:

A Techinical analysis perspective:

Daily and weekly chart:

Views from some technical analysts here would help. @hitesh2710 @StageInvesting


Sanghvi Movers had formed a H & S . But H & S fails if the prices close above right shoulder , then H & S is considered to be failed.Other confiemation would be when it closes above 61.8% of recent decline (226) and final conformation would be when it crosses its ATH. Failed patternes are bigger signs of a good move in opposite direction. Let’s keep wait and watch. We’re in a bear market, don’t hurry .Better to be on sidelines and if one misses one or two good upmoves, no need to worry. It is like getting into a burning house to get your mobile-charger .

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Continuing from my last post on Technical Analysis Viewpoint of Sanghvi: HnS reversal seems to be done above the pink line. The pattern leads to a target of 300+.

More can be read of this pattern here: HEAD & SHOULDER FAILURE | Tech Charts

Sanghvi involved in this project: (yellow highlight - 2nd picture)

327 MW Wind farm,Pritamnagar Site,MP.
Softbank Energy during the auction of wind projects by Solar Energy Corporation of India in 2020 had won the order who in turn awarded it GE, Adani helped in erection of towers
121/121 set was installed yesterday.

  • Rajendra singh Shekhawat

800T cranes delivered:

Sanghvi Cranes involved in JSW Projects: JSW Energy installed their first 130m wind turbine at Tuticorin.

JSW getting more projects onboard:

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This seems like a BIG positive development.

Wind Projects Commissioning May Surge Fourfold If Reverse Auctions Go:

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Strong commentary and results posted by Suzlon, Sanghvi’s Top Client in Wind space:

Good chunk of this should flow to Sanghvi for erection of Wtg

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312 MW commissioned in August 2022.

Cumulative figure April-July 2022 was 535 MW.

Strong commissioning in H1 FY23


461.5 MW installed in September. Cumulative figure April-September 2022 1308.5 MW

Draft Policy for Repowering wind turbine installations with rated capacity below 2 MW.

Provides incentives for IPPs etc. who opt to repower older/ineffecient installations.

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