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Pavna Ind shares dips 0.77%, confirms 4th land purchase near Jewar Airport
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Pavna Ind Acquires 4th Land Parcel Near Jewar Airport Amid Share Dip
Economy

Pavna Ind Acquires 4th Land Parcel Near Jewar Airport Amid Share Dip

November 18, 2025 2 Min Read
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Pavna Industries Limited 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 Uttar Pradesh. 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, TVS, Mahindra 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.

Published on November 17, 2025

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