Small-cap stock Pavna Industries surged almost 15% in intraday trade on the BSE on Wednesday, 31 December, amid a rise in the Indian stock market after five consecutive sessions. Pavna Industries share price opened at ₹22.99 against its previous close of ₹21.02 and jumped 14.75% to an intraday high of ₹24.12. Equity benchmark Sensex rose over 250 points, or 0.30%, to an intraday high of 84,929.46 after suffering losses for the last five consecutive sessions.
Pavna Industries share price trend
The small-cap stock has been volatile lately; it crashed 13.21% in the previous session. On a monthly scale, Pavna Industries’ share price has lost 22% in December and is on course to extend its losing streak to its fourth consecutive month. Year-to-date, the stock has crashed by over 50%, as per the BSE data.
The stock hit a 52-week low of ₹20.65 in the previous session (30 December), while it rose to its 52-week high of ₹58.44 on 22 January this year.
On 1 September 2025, the stock underwent a split from ₹10 to ₹1.
MoU with the Government of Uttar Pradesh
On 24 November this year, Pavna Industries entered into a memorandum of understanding (MoU) with the Government of Uttar Pradesh (GoUP) for the investment of ₹250 crore in the next three to five years in the proposed project and employment of approximately 500 employees by Pavna Industries.
According to the regulatory filing by the company, the Government of Uttar Pradesh will facilitate Pavna Industries to establish the project in the State and to obtain the necessary permission, registrations, approvals, clearances, etc., as per the rules and regulations and also help to avail incentives under various schemes announced by SG/CG.
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