shares traded at ₹35.96 on Monday morning, down 0.77 per cent from the previous close of ₹36.24. The stock opened at ₹36.24 and touched an intraday low of ₹35.51 during morning trade on the NSE.
The Aligarh-based automotive component manufacturer announced on Friday its purchase of an additional 4.33 acres of land adjacent to Jewar Airport in . This marks the company’s fourth land acquisition in the region, following earlier purchases of 1.89 acres and 4.96 acres in August 2025, and 4.64 acres in July 2025, creating a contiguous land parcel totalling approximately 15.82 acres.
Managing Director Swapnil Jain stated that the expansion reinforces the company’s strategic momentum in the Jewar region, positioning Pavna for long-term capacity creation and technology integration. The company manufactures automotive components for passenger vehicles, two-wheelers, three-wheelers and commercial vehicles, supplying to major OEMs including Bajaj, Honda, , and Royal Enfield.
Trading volumes remained modest at 0.51 lakh shares valued at ₹0.18 crore by mid-morning. The stock’s 52-week high stands at ₹59.50, while it hit a low of ₹29.33 in March 2025. With a market capitalisation of ₹501.75 crore and a high PE ratio exceeding 50 for the previous four quarters, the scrip showed sell-side pressure with 1.55 lakh shares in the sell queue against 62,335 shares on the buy side.