New Delhi, Nov. 25 -- Small-cap stock under Rs.50 Pavna Industries share price rallies almost 14% on Tuesday, November 25 after the firm announced the signing of a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh (GoUP), marking a significant expansion plan for the auto-components manufacturer. The company disclosed the development in an exchange filing dated November 24, 2025, submitted to both BSE and NSE.

Meanwhile, the Indian markets has been volatile in recent times, trading 0.15% higher in today's deals.

According to the regulatory filing, Pavna Industries plans to invest Rs.250 crore over the next 3 to 5 years to develop a new project in Uttar Pradesh. Alongside the capital investment, the company aims to ge...