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This company sets record date for stock split - Check all details here
This company sets record date for stock split - Check all details here

India.com

time11-08-2025

  • Business
  • India.com

This company sets record date for stock split - Check all details here

25 महीने में करोड़पति बन गए निवेशक Small-cap auto company Pavna Industries Limited has announced the record date for the stock split. According to the exchange filing, the company has set September 1, 2025 as the record date, which will decide the eligibility of shareholders for the stock split. The company said that a share with a face value of Rs 10 will be divided into 10 smaller shares with a face value of Rs 1. The purpose of this decision is to make the shares cheaper and more affordable, increase the participation of retail investors and improve the liquidity of the shares in the market. Earlier, the auto components manufacturer purchased 4.96 acres of land near Jewar Airport, Noida as part of its expansion plan. In July 2025, the company had purchased 4.64 acres of land there. Now the company has more than 9.6 acres of land in this area. The company's managing director Swapnil Jain said that this land purchase is part of growth strategy, so that we can increase production capacity, bring new manufacturing technology and provide better service to the customers of the automobile sector. Pavna Industries' June 2025 quarter results were not good. The company suffered a net loss of Rs 2.10 crore, while in the same quarter last year there was a profit of Rs 2.23 crore. The company's revenue also fell by 23.39 per cent to Rs 60.40 crore, which was Rs 78.84 crore in June 2024. Meanwhile, equity benchmark indices Sensex and Nifty were trading in positive territory in early trade on Monday amid fresh foreign fund inflows and a rally in the US markets. A firm trend in Asian markets further contributed to the optimism in equities. The 30-share BSE Sensex climbed 104.84 points to 79,962.63 in early trade. The 50-share NSE Nifty went up by 55.85 points to 24,419.15. From the Sensex firms, State Bank of India, Trent, NTPC, Tata Motors, UltraTech Cement and Kotak Mahindra Bank were among the gainers. However, Titan, ICICI Bank, HCL Tech and Bajaj Finserv were among the laggards.

Pavna Industries share price rise over 4% in bear-hit Dalal Street; here's why
Pavna Industries share price rise over 4% in bear-hit Dalal Street; here's why

Mint

time14-07-2025

  • Automotive
  • Mint

Pavna Industries share price rise over 4% in bear-hit Dalal Street; here's why

Shares of Pavna Industries surged over 4 percent on Monday, July 14, defying broader market weakness after the company announced that it had begun production and supply of oil pumps to Hero MotoCorp Limited (HMCL). The announcement marked a significant operational milestone for the company, which has now strengthened its ties with India's largest two-wheeler manufacturer. Pavna Industries confirmed that its subsidiary, Pavna Sunworld Autotech, has commenced the supply of oil pumps for HMCL's best-selling models — Splendor and Glamour. These pumps will be supplied to all six of Hero MotoCorp's manufacturing plants across India. The company noted that production has already begun and will be progressively ramped up to 50,000 units per month over the next three to four months. Commenting on the development, Swapnil Jain, Managing Director of Pavna Industries Ltd., said, 'This achievement is a testament to increasing consumer confidence in Pavna's engineering expertise, operational excellence, and product quality. Securing this mandate across all six Hero facilities reflects the dedication of our team and our growing credibility as a reliable supplier of key engine components.' Pavna Industries, formerly known as Pavna Locks Limited, was incorporated in 1994 and has built a strong presence in the South Asian automotive industry over the past five decades. The company manufactures a wide array of high-quality automotive parts catering to various vehicle segments — from two-wheelers and passenger vehicles to heavy commercial and off-road vehicles. It serves leading OEMs (Original Equipment Manufacturers) and has consistently focused on technology, reliability, and timely delivery. Despite the positive operational development, Pavna Industries' Q4 FY25 earnings highlighted ongoing challenges. The company reported a consolidated net profit of ₹ 1.70 crore, down 36.57 percent from ₹ 2.68 crore in Q4FY24. Consolidated revenue from operations for the quarter also fell 18.69 percent year-on-year to ₹ 66.23 crore from ₹ 81.45 crore. For the full financial year FY25, Pavna Industries' consolidated net profit dropped 30.21 percent to ₹ 7.37 crore, compared to ₹ 10.56 crore in FY24. Revenue from operations dipped 2.72 percent year-on-year to ₹ 308.24 crore from ₹ 316.87 crore. The stock rose as much as 4.4 percent in intraday trade to touch a high of ₹ 432.45 on July 14. Despite the day's gains, it remains 43 percent below its 52-week high of ₹ 759.55 hit in October 2024. It had previously touched a 52-week low of ₹ 295.20 in March 2025. Over the past year, Pavna Industries' stock has declined by 14.5 percent. So far in July, it has slipped 1.7 percent, after a 9.6 percent rise in June and a 26 percent rally in May. In April, it fell 13 percent, partially recovering from earlier losses of 26 percent in February and 2.6 percent in January. March had seen a mild uptick of 1.2 percent. Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are advised to consult a certified financial advisor before making any investment decisions.

Small-cap stock Pavna Industries jumps 12% amid volatile stock market trend
Small-cap stock Pavna Industries jumps 12% amid volatile stock market trend

Mint

time27-05-2025

  • Business
  • Mint

Small-cap stock Pavna Industries jumps 12% amid volatile stock market trend

Pavna Industries share price jumped nearly 12% on Tuesday after the company reported its Q4 results 2025. Pavna Industries shares rallied as much as 11.7% to ₹ 449.00 apiece on the BSE. The small-cap stock made an opening high of ₹ 449.00, but failed to hold gains and traded flat. Pavna Industries reported its financial results for the quarter ended March 2025 after the market hours on May 26. Here's a look at the company's earnings. The company reported a consolidated net profit of ₹ 1.70 crore in the fourth quarter of FY25, a fall of 36.57% from ₹ 2.68 crore in the year-ago quarter. Pavna Industries' consolidated revenue from operations in Q4FY25 declined 18.69% to ₹ 66.23 crore as against ₹ 81.45 crore, year-on-year (YoY). For the full financial year 2024-2025 (FY25), Pavna Industries' consolidated net profit dropped 30.21% to ₹ 7.37 crore from ₹ 10.56 crore in FY24. Consolidated revenue from operations in FY25 declined 2.72% to ₹ 308.24 crore from ₹ 316.87 crore, YoY. Pavna Industries share price gained over 24% in one month and 6% in the past three months. However, the small-cap stock has delivered negative returns over the medium-to-long term. Pavna Industries shares have declined 16% on a year-to-date (YTD) basis, while it has dropped 27% in the past six months. The small-cap stock is down more than 27% in the past one year. At 1:00 PM, Pavna Industries share price was trading 0.17% higher at ₹ 402.70 apiece on the BSE, with a market capitalisation of more than ₹ 561 crore. Disclaimer: 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.

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