Multibagger Penny stock under Rs 10: Board Meeting on October 3 to Review 2 Solar Power Projects of 212 MW, Q2FY26 & H1FY26 Results

PVV Infra Ltd has announced that its Board of Directors will meet on Friday, October 3, 2025, to review and approve key business initiatives, including two major solar power projects in Uttar Pradesh and Maharashtra.

One of the primary agenda items will be the approval to sign a Power Purchase Agreement (PPA) for a 150 MW AC Solar PV Power Plant in Uttar Pradesh. The project will be developed in collaboration with a joint venture (JV) partner and a state Public Sector Undertaking (PSU).

The board will also consider taking up an Engineering, Procurement, and Construction (EPC) contract for a 62 MW Solar Power Project in Maharashtra. This contract will also be executed with a state-owned PSU, reflecting the company’s plan to strengthen its presence in the renewable energy sector.

In addition to these proposals, the directors will review routine financial matters. The meeting will cover the approval of unaudited standalone and consolidated financial results for the quarter and half-year ending September 30, 2025, along with the corresponding limited review report.

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About PVV Infra

PVV Infra Limited, a multifaceted infrastructure company with expertise in engineering, design, planning, and construction, has expanded its portfolio to include electric vehicle (EV) charging stations across India. This decision, driven by the growing demand for EV infrastructure, the potential for new revenue streams, and environmental benefits, aligns with the company's commitment to sustainability. The plan involves leveraging existing partnerships with industry experts to identify strategic locations like petrol pumps for station installation. To ensure smooth implementation, PVV Infra is exploring financing options and potential government subsidies to make this project a success.

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In its Quarterly Results, the company reported net sales of Rs 7.83 crore in Q1FY26 compared to net sales of Rs 21.39 crore in Q1FY25. The company reported net profit of Rs 0.74 crore in Q1FY26 compared to a net profit of Rs 4.82 crore in Q1FY25. According to its annual results, the net sales decreased by 55 per cent to Rs 39.85 crore and net profit increased by 77 per cent to Rs 5.48 crore in FY25 compared to FY24.

The company has a market cap of over Rs 50 crore. The stock is up by 114 per cent from its 52-week low and has given multibagger returns of 316 per cent in the last 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.