Shares of Uttar Pradesh-based Pavna Industries will be in focus when stock markets open on Thursday, August 28, 2025. The company, in an exchange filing, said it has increased its landholding near Noida International Airport in Gautam Buddh Nagar district of Uttar Pradesh.
This strategic move, which includes the acquisition of an additional 1.89 acres, is a testament to the company’s long-term vision and its commitment to growth in one of the country’s fastest-evolving industrial corridors.
Share Price History
Shares of the company opened gap-up with a gain of 2.16 per cent at Rs 442.05 in the previous trading session. However, it tumbled amid selling pressure in the broader market to touch the low of Rs 429.35, representing a fall of Rs 429.35. During the day, it touched a high of Rs 452.05.
The stock has a 52-week high of Rs 759.55 and a 52-week low of Rs 295.20 on the BSE. The market cap of the company is Rs 601.74 crore.
Recently, the company has entered into a joint venture (JV) with Taiwan-based SmartChip Microelectronic Corporation (SMC) to boost EV technology in India and grow into new high-growth markets. According to the information shared, the company holds 80 per cent equity in the JV. The SMC holds the remaining 20 per cent stake.
Under the agreement, Pavna will bring its operational, manufacturing, and procurement expertise, and its deep understanding of the Indian automotive market, to oversee and manage the JV’s operations, the company said in a statement issued here.
“Pavna Industries has entered into a joint venture agreement with SmartChip Microelectronic Corporation (SMC), which will offer to undertake and carry on the business of inter alia making electronic components for the automobile industry (ICE and EV) and for other industries like hardware for cupboard/door locks etc. in residential/ commercial industries, and medical, among others,” the company said in an exchange filing.