This smallcap stock has zoomed over 100% in 5 months; hits new high

Shares of Sanghvi Movers, a major player in the crane rental industry, moved higher by 11 per cent to Rs 1,282.95 on the BSE on Tuesday

Shares of Sanghvi Movers, a major player in the crane rental industry, moved higher by 11 per cent to Rs 1,282.95 on the BSE, hitting a new high in Tuesday's intra-day trade, after the company incorporated a wholly-owned subsidiary (WOS) named 'Sangreen Renewables Private Limited; on Saturday, March 23, 2024.

The stock of smallcap company surpassed its previous high of Rs 1,250 touched on March 1. A combined 724,000 shares, representing 1.7 per cent of total equity of SML, changed hands on the NSE and BSE till 01:28 PM. In comparison, the S&P BSE Sensex was down 0.3 per cent at