Bengaluru, July 3 -- The shares of this auto component manufacturer jumped by 9 percent after the company announced its first-ever stock split. In this article, we will dive deeper into what the management has said.

With a market capitalisation of Rs 607 crores, the shares of Pavna Industries Ltd are currently trading at Rs 435 per share, representing a 42.73 percent decline from its 52-week high of Rs 759.55. Over the past five years, the stock has delivered a robust return of 420 percent.

On July 02, 2025, the board of directors of the company, at their meeting, announced a stock split in the ratio of 1:10. Pavna Industries has announced a stock split where one share of face value of Rs 10 will be split into 10 shares of face value of...