Shares below Rs 10: Stock hitting back-to-back upper circuits witnesses price volume breakout; do you own it?

A huge spurt in the volume of over 46.78 times was seen in the shares of PVP Ventures on July 26.

Back-to-back upper circuits in PVP Ventures are catching investors' attention. On Tuesday, the stock got locked in the upper circuit after witnessing heavy volume. PVP Ventures climbed 5 per cent on Tuesday even as BSE Sensex is down by more than 300 points. A huge spurt in the volume of over 46.78 times was seen in the shares of PVP Ventures on July 26. A block deal has been executed in PVP Ventures, leading to heavy volume in its shares.   

Recently, PVP Ventures entered into a definitive agreement with Casagrand Builders to develop a residential community on a portion of its land parcel situated at Perambur, Chennai on a joint development basis and also, executed a definitive sale agreement to sell a portion of its land parcel.   

PVP Ventures is currently engaged in different business activities. The company is engaged in the business of planning & evaluating all steps, processes, and techniques for setting up, managing, operating as well as transferring various types of infrastructure projects.    

Keep a close eye on this scrip for the upcoming sessions.