Stock Under Rs 30: The shares of Pavna Industries started the session at Rs 26 with huge-gap of 6 per cent on Thursday against the last day's closing of Rs 24.52 per share on NSE.
The opening rally was witnessed after the automotive component manufacturer reported a sharp rise of 297 per cent in its Profit After Tax (PAT) to Rs 3.02 crore for the third quarter of the current financial year (Q3 FY26) as compared to Rs 0.76 Crore in the same quarter a year ago (Q3FY25).
At around 11:43 AM, the shares were trading at Rs 25.05, up Rs 0.53 or 2.16 per cent, erasing some of its early gains.
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ON BSE, the Pavna Industries shares surged 7.90 per cent to Rs 26.49 per share as compared to its last day's closing of Rs 24.55. Meanwhile, its 52-week high and low values stood at Rs 49.44 and Rs 16.50 per share, respectively.
Pavna Industries Q3 Earnings
The company, in an exchange filing on Wednesday, informed that its revenue from operations jumped 36.00 per cent year-on-year, reaching Rs 108.03 crore against Rs 79.43 crore in the corresponding quarter.
Additionally, EBITDA for the quarter under review jumped by 30.15 per cent to Rs 9.54 crore.
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Share Price History
The shares of the Smallcap firms rose over 32 per cent in lats 5 sessions on NSE, while they jumped over 17 per cent in a month. This year to date, the stock jumped 9 per cent. However, in one year, the stock corrected over 40 per cent. In the last 6 months, the shares declined by over 30 per cent. Meanwhile, in the last 5 years, they jumped over 200 per cent.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.