Market Performance
Pavna Industries share price continued its upward momentum for the third consecutive session on Wednesday, August 13, driven by the announcement of the record date for the 1:10 stock split.
- Pavna Industries share price jumped 4.7% to hit a high of ₹408.55 on the BSE.
- Over the last three trading sessions, the stock has gained nearly 14%.
- As of 1:10 pm, Pavna Industries stock was trading at ₹409.60, up 3.72% on the BSE.
Despite some volatility over the past months, the stock has been a multibagger in the last five years, delivering 395.70% gains.
Main News: Stock Split Announcement
Pavna Industries earlier in July received board approval for a 1:10 stock split. This means:
- Each existing equity share of ₹10 will be subdivided into 10 equity shares of ₹1 each.
- The board has set Monday, September 1 as the record date to identify shareholders eligible for the stock split.
Following this announcement, the stock has shown a consistent uptrend, drawing investor attention in the small-cap segment.
Pavna Industries Q1 Financials
Alongside the stock split announcement, Pavna Industries also released its Q1 FY26 results:
- Net Profit: ₹209.54 lakh, a 6% YoY decline from ₹223.27 lakh last year.
- Sequential Profit Growth: Up 23% from ₹169.90 lakh in the January-March quarter.
- Revenue from Operations: ₹3,027.86 lakh, down 41% YoY from ₹5,167.83 lakh.
These figures highlight the company's resilience despite a dip in revenue, showing positive sequential growth in profit.
Company Overview
Pavna Industries is a small-cap company known for its strong long-term growth trajectory. Key highlights include:
- 52-week high: ₹759.55 (October 14, 2024)
- 52-week low: ₹295.20 (March 3, 2025)
- Five-year growth: Nearly 400% increase in share price
The company’s latest moves, including the stock split and Q1 results, have played a crucial role in shaping current market interest in the stock.
Summary
Pavna Industries share price has caught the market’s attention with its recent rally and upcoming 1:10 stock split. While the company reported a slight decline in YoY net profit, sequential growth and strong historical performance highlight its resilience. The stock is drawing significant attention as it maintains its upward momentum in the small-cap segment.
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