Auto Penny Stock Under Rs 30 Zooms Over 5 per cent Today, Do You Have It?

On Wednesday, shares of Pavna Industries Ltd zoomed 5.32 per cent to an Intraday high of Rs 23.75 per share from its previous closing of Rs 22.55 per share. The stock’s 52-week high is Rs 56.40 per share and its 52-week low is Rs 19.80 per share.

Pavna Industries Limited is a premier manufacturer of high-quality automotive components for the passenger, two-wheeler and commercial vehicle segments. With a legacy spanning over 50 years—originally as Pavna Locks Limited—the company is a trusted supplier of ignition switches and fuel tank caps to major OEMs, including Bajaj, Honda and TVS. Operating out of strategic facilities in Aligarh, Aurangabad and Pantnagar, Pavna serves both a robust domestic market and an expanding international clientele in the U.S. and Italy. The company maintains its competitive edge through dedicated in-house R&D and strategic global partnerships, such as its joint venture with Sunworld Moto Industrial Co.

Pavna Industries Limited demonstrated a strong sequential recovery in Q2FY26, reporting a 23 per cent increase in net sales to Rs 74.15 crore and a significant turnaround to a net profit of Rs 1.68 crore, up from a loss of Rs 1.72 crore in the previous quarter. This robust quarterly performance effectively offset earlier setbacks, bringing the H1FY26 net loss to a near-breakeven Rs 0.04 crore on total half-year sales of Rs 134.55 crore. This recent momentum follows a stable FY25, where the company concluded the fiscal year with net sales of Rs 308.24 crore and a net profit of Rs 8.04 crore.

In a major expansion drive in Uttar Pradesh, Pavna Industries Limited has signed an MoU with the state government to invest Rs 250 crore over the next three to five years, a project expected to generate approximately 500 new jobs. To support this long-term growth and infrastructure development, the company has also strategically acquired an additional 4.33 acres of land near the Jewar Airport, creating a contiguous parcel for expanded manufacturing capacity. This dual-pronged strategy, backed by government incentives and a prime location, positions Pavna to significantly scale its operations within the region.

As of September 2025, Pavna Industries Limited maintains a stable ownership structure with promoters holding a 61.50 per cent stake, FIIs—led by Forbes AMC with 3.58 per cent—owning 6.06 per cent, and public shareholders accounting for 32.44 per cent. With a market capitalisation exceeding Rs 320 crore, the company’s stock reflects a premium valuation at a PE of 80x, supported by an ROE of 5 per cent and an ROCE of 10 per cent. Currently, the shares have shown positive momentum, trading 20 per cent above their 52-week low of Rs 19.80 per share.

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