Sanghvi Forging & Engineering is currently trading at Rs. 52.00, up by 5.60 points or 12.07% from its previous closing of Rs. 46.40 on the BSE.
The scrip opened at Rs. 46.45 and has touched a high and low of Rs. 52.20 and Rs. 46.10 respectively. So far 16,000 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 76.00 on 15-Apr-2015 and a 52 week low of Rs. 35.00 on 01-Dec-2014.
Last one week high and low of the scrip stood at Rs. 52.20 and Rs. 45.00 respectively. The current market cap of the company is Rs. 72.00 crore.
The promoters holding in the company stood at 65.42%, while Non-Institutions held 34.58% respectively.
Sanghvi Forging & Engineering (SFEL), one of the top engineering company, has received orders worth Rs 10 crore. The fresh orders have come in from Oil & Gas, Power and Irrigation sectors. The majority of the orders received by the company are for its new heavy open die forging plant.
Continuous flow of orders for the company during the recent past is a positive for the company and its growth. The company's newly started heavy open die forging unit with the capacity of 15000 MTPA has increased the company's forging capacity five fold. The new plant is equipped with Product, Quality approvals from all major Industrial sectors i.e. Petrochemicals, Power, Oil & Gas, Defence, Aerospace sectors. Total Order book size as on October 14, 2015 is Rs 40 crore and out of this around 75% is domestic and rest is from Export orders.
Sanghvi Forging & Engineering is an engaged in manufacturing of open and closed die forging products for the oil & gas, petrochemicals, ship building, power & other sectors. It also exports products to various foreign countries over the last two decades. The company ranked amongst the top engineering and forging companies in India, exemplifies high quality, quest for perfection and innovative approach.
| Company Name | CMP |
|---|---|
| Bharat Forge | 1315.80 |
| CIE Automotive India | 455.45 |
| Ramkrishna Forgings | 963.50 |
| MM Forgings | 458.25 |
| Happy Forgings | 1065.20 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
Become a savvy and confident
stock investor.
Don't miss out! First 10 users today get it FREE
Download APP
