Latest news with #PavnaIndustries
Mint
3 days ago
- Business
- Mint
Small-cap stock Pavna Industries announces record date for stock split. Details here
Small-cap auto stock Pavna Industries will remain in focus in Monday's trading session after the company announced the record date for its first ever stock split in the ratio of 1:10. According to the exchange filing, the company has fixed Monday, September 1, as the record date for ascertaining the eligibility of shareholders for stock split. ' We wish to inform you that the Board of Directors has fixed a Record date for the purposes of ascertaining the eligibility of shareholders entitled for sub-division/Split of existing Equity Shares,' the company said in the filing. On July 2, Pavna Industries announced that its Board of Directors had approved a 1-for-10 stock split, subject to all necessary regulatory approvals. Under this split, each share with a face value of ₹ 10 will be divided into 10 shares with a face value of ₹ 1 each. ' Sub-division of One (1) Equity Share of face value of Rs. 10/- (Rupees Ten only) each into Ten (10) equity shares of face value of Re.1/- (Rupee One only) each,' it added. The company said that the move aims to make its shares more affordable, encourage greater retail investor participation, and enhance liquidity in the stock. The company told the exchanges about several strategic moves, including the purchase of land near Jewar Airport and securing a significant supply deal with Hero MotoCorp Ltd (HMCL). In an exchange filing, the company announced the purchase of an additional 4.96 acres near Jewar Airport in Noida, Uttar Pradesh. The filing noted that in July 2025, the company had already acquired 4.64 acres at the site, bringing its total landholding there to over 9.6 acres. 'This second land acquisition near Jewar Airport reaffirms our commitment to forward-looking expansion and operational scalability. As the region rapidly transforms into a major industrial corridor, we are positioning Pavna to be at the heart of that transformation. Our combined landholding of over 9.6 acres in this area lays the foundation for a multi-phase growth strategy that will allow us to augment production, integrate advanced manufacturing technologies, and better serve our growing client base across automotive segments. It's a step aligned with our ethos of continuous improvement and delivering value to all stakeholders,' said Swapnil Jain, Managing Director, Pavna Industries Ltd. The small-cap auto company posted a net loss of ₹ 2.10 crore in the June 2025 quarter, compared to a net profit of ₹ 2.23 crore in the same quarter of the previous year. Revenue fell 23.39% to ₹ 60.40 crore from ₹ 78.84 crore in the June 2024 quarter. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Business Standard
4 days ago
- Business
- Business Standard
Pavna Industries reports consolidated net loss of Rs 2.10 crore in the June 2025 quarter
Sales decline 23.39% to Rs 60.40 crore Net loss of Pavna Industries reported to Rs 2.10 crore in the quarter ended June 2025 as against net profit of Rs 2.23 crore during the previous quarter ended June 2024. Sales declined 23.39% to Rs 60.40 crore in the quarter ended June 2025 as against Rs 78.84 crore during the previous quarter ended June 2024. Particulars Quarter Ended Jun. 2025 Jun. 2024 % Var. Sales 60.4078.84 -23 OPM % 8.3410.62 - PBDT 4.165.88 -29 PBT 0.772.93 -74 NP -2.102.23 PL
India.com
6 days ago
- Automotive
- India.com
This company shares in focus as company acquires more land near Jewar Airport
1 लाख के निवेश पर 10 लाख का फायदा Shares of Pavna Industries are in focus today as the company has informed exchanges about several strategic developments. The company has said that it has acquired more land near Jewar Airport and also shared information related to a 1:10 stock split. The scrip opened in the green today, with a jump of over 16 per cent at Rs 460 on the BSE, against the previous close of Rs 394.50. However, the stock later tumbled to touch the low of Rs 393.55. Last seen, it was trading at Rs 394.30, with a 0.05 per cent dip from the closing price of the previous trading session. The 52-week high of the stock is Rs 759.55, and the 52-week low is Rs 295.20. The market cap of the company is Rs 550.17. Acquires Additional 4.96 Acres Land Near Jewar Airport The company has announced the acquisition of an additional 4.96 acres of land close to the Jewar Airport in Uttar Pradesh. 'This acquisition is a continuation of the Company's earlier purchase of 4.64 acres in July 2025 and marks the next step in Pavna's long-term strategy of capacity building and infrastructure development,' the company said in an exchange filing. This is the company's second land acquisition near Jewar Airport. With this, the company's combined land holding in the area stood at over 9.6 acres. Share Price History According to BSE Analytics, the shares of the UP-based Pavna Group have consistently delivered a positive return of 33.62 per cent over the past two years to its investors, demonstrating the company's stability. However, it has corrected 9.40 per cent in one year and 17.91 per cent so far this year. Forays Into EV Segment Earlier, the company made a significant move by signing an agreement with EV player OLA Electric to supply auto components, marking a strong entry into the domestic EV sector. As part of the pact, the company will provide auto components, such as ignition switches and latches, to OLA Electric across its manufacturing plants in India from its manufacturing unit in Aligarh, Uttar Pradesh.
Mint
6 days ago
- Automotive
- Mint
375% returns in four years! Multibagger stock to be in focus on Wednesday; here's why
Multibagger stock: Pavna Industries shares will be the focus of stock market investors on Wednesday, 6 August 2025, after the company announced an additional land acquisition move of 4.96 acres close to Noida's Jewar Airport, according to an exchange filing. 'Pavna Industries has announced the acquisition of an additional 4.96 acres of land in close proximity to the Jewar Airport in Uttar Pradesh,' the company informed BSE through the filing. According to company data, Pavna Industries acquired 4.64 acres of land near the Jewar Airport in July 2025. 'Our combined landholding of over 9.6 acres in this area lays the foundation for a multi-phase growth strategy that will allow us to augment production, integrate advanced manufacturing technologies, and better serve our growing client base across automotive segments. It's a step aligned with our ethos of continuous improvement and delivering value to all stakeholders,' said Swapnil Jain, the managing director of Pavna Industries. The company manufactures automotive parts for reputed OEMs serving different vehicle segments, including passenger vehicles, two-wheelers, three-wheelers, heavy and light commercial vehicles, and off-road vehicles, according to the official data. Pavna Industries' share price closed 0.23% lower at ₹ 394.50 after Tuesday's stock market session, compared to ₹ 395.40 at the previous market close. The company announced the business update of the land acquisition move after market operating hours on 5 August 2025. Shares of the auto component maker have given stock market investors more than 375% returns on their investments in the last five years. However, Pavna Industries shares have lost 13.25% in the last one-year period. On a year-to-date (YTD) basis, the shares have lost 18.09% in 2025 and are trading 2.81% lower in the last five market sessions on the Indian stock market. Pavna Industries' shares hit their 52-week high level at ₹ 759.55 on 14 October 2024, while the 52-week low level was at ₹ 295.20 on 3 March 2025, according to the data collected from the BSE website. The auto component maker's market capitalisation (M-Cap) stood at ₹ 550.45 crore as of the stock market close on Tuesday, 5 August 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India.com
01-08-2025
- Business
- India.com
After stock split, This Company in focus post key update
ओमांश इंटरप्राइजेज लिमिटेड का शेयर बना रहा मालामाल Shares of Pavna Industries are in action today as the company has informed exchanges that it has purchased land within approximately 80 kilometres of the upcoming Jewar Airport in Uttar Pradesh. According to the auto components and equipment manufacturer, the strategic land acquisition is in line with its vision of long-term capacity expansion and infrastructure development to support anticipated growth in demand and cater to a wider client base. Share Price Today The counter started the trading session in the red at Rs 384.90 on the BSE against the previous close of Rs 389.90 as stock market benchmark indices Sensex and Nifty declined in early trade amid tariff related concerns and sustained foreign fund outflows. However, the counter rebounded impressively, touching an intraday high of Rs 395.55, representing a gain of 2.17 per cent from the closing price of the last trading session. This surge in price, following two days of consecutive fall, reassures investors of the stock's resilience. Last seen, it held firmly in green at Rs 391.85. Technically, the stock trades higher than the 100-day moving averages but lower than the 5-day, 20-day, 50-day and 200-day moving averages. Share Price History According to BSE Analytics, the counter has given a positive return of 26.16 per cent in two years, a testament to its potential. However, it has corrected 17.20 per cent in one year. The 52-week high of the stock is Rs 759.55, hit on October 14, 2024. The 52-week low of the stock is Rs 295.20. 1:10 stock split: Meanwhile, the board of directors has considered and recommended a subdivision of one fully paid-up equity share with a face value of Rs 10 into 10 equity shares with a face value of Re 1 each. However, the company has not announced the record date for this corporate action. A stock split is an option which a company uses to alter its share price and outstanding share count. However, it doesn't alter the total market value of the company.
