Small-cap stock under ₹50 Pavna Industries, jumps 11% amid stock market rally

Small-cap stock Pavna Industries jumped over 11% in intraday trade on Monday (September 8) amid a recovery in the Indian stock market. Pavna Industries share price opened at 34.55 against its previous close of 34.55 and surged 11.43 per cent to hit its intraday high of 38.50 on the NSE. However, the stock pared gains as around 10:30 am, the small-cap stock traded nearly 6 per cent up at 36.60. Equity benchmark Nifty was 0.25 per cent up at 24,802.10 at that time.

(This is a developing story. Please check back for fresh updates.)

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