Penny stock under Rs 10: Board Announces 1:2 stock split; Check record date inside

On Thursday, shares of PVV Infra Ltd jumped 2.25 per cent to Rs 6.36 per share from its previous closing of Rs 6.22 per share. The stock’s 52-week high is Rs 10.38 and its 52-week low is Rs 4.06. The company has a market cap of Rs 37 crore. The stock is up by 57 per cent from its 52-week low is Rs 10.08 per share.

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PVV Infra Limited has set September 26, 2025, as the Record Date for the proposed sub-division/split of its equity shares, subject to shareholder approval at the upcoming Annual General Meeting. This action will split each existing equity share with a face value of Rs 10 into two equity shares, each with a face value of Rs 5.

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.

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.

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