Multibagger penny stock under Rs 10 announces stock split from Rs 5 to Re 1

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Multibagger penny stock under Rs 10 announces stock split from Rs 5 to Re 1

The company has a market cap of Rs 114 crore and the stock has given multibagger returns of 168 per cent from its 52-week low of Rs 2.02 per share.

PVV Infra Limited has announced a 1:5 stock split, sub-dividing each equity share with a face value of Rs 5 into five shares with a face value of Re 1 each. This strategic move is intended to enhance market liquidity, broaden the shareholder base and make the stock more accessible to retail investors. Subject to shareholder and regulatory approvals, the company has fixed March 27, 2026, as the record date to determine eligible participants for this sub-division.

The company has also partnered with Taiwan’s ITC Services Company Limited through a strategic MoU to establish a vertically integrated renewable energy ecosystem, focusing on high-efficiency TOPCon Solar cells and Battery Energy Storage Systems (BESS). To support this transition, the company has nearly doubled its investment commitment with the Andhra Pradesh government to approximately Rs 1,250 Crore, aiming for a 1.2 GW solar cell and 1 GW module assembly capacity. Complementing this expansion, the Board appointed Mr Tse Hsiung Norman Lao as an Additional Director on February 9, 2026, to leverage his global electronics expertise in commercialising these new technologies and reducing India's import dependency.

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About the Company

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.

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 Rs 114 crore and the stock has given multibagger returns of 168 per cent from its 52-week low of Rs 2.02 per share.

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