Multibagger penny stock at Rs 41.82; Board announces bonus shares in the ratio 1:5
The stock gave multibagger returns of over 250 per cent from its 52-week low is Rs 11.85 per share.
On Tuesday, shares of PVV Infra Ltd gained 2.8 per cent to Rs 41.82 per share from its previous closing of Rs 41.69. The stock’s 52-week high is Rs 43 and its 52-week low is Rs 11.85.
The Board of Directors of the company announced bonus shares in the ratio of 1:5 for the first time ever. Issue of 1 bonus share for every 5 equity shares held by the equity shareholders of the company as on 'Record Date' which will be announced in due course.
Earlier, PVV Infra Ltd.'s board approved setting up EV charging stations across India, aligning with their sustainability goals and causing a stock price surge. This decision follows rising demand for EV infrastructure, the potential for revenue generation, environmental benefits, and identified locations like petrol pumps. The company is partnering with experts and exploring financing options to implement this project and potentially benefit from government subsidies.
Also Read: Artificial Intelligence (AI) revolutionizing healthcare: A look at the present and future!
PVV Infra Limited provides engineering, designing, planning, and execution of infrastructure work. The company owns, builds, operates, and transfers power-generating plants. PVV Infra also constructs houses, industrial parks, multiplexes, shopping complexes, and townships. The company has a market cap of Rs 95 crore. The stock gave multibagger returns of over 250 per cent from its 52-week low is Rs 11.85 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
Related articles
-
4:1 bonus share & Rs 500 crore fundraise via QIP: FIIs bought 4,07,740 shares of this multibagger penny stock under Rs 40; Keep under the radar!
-
Multibagger penny stock under Rs 40; Board likely to announces bonus shares
-
Penny stock under Rs 7 & Promoters sold 19.97 per cent stake; Board likely to announce bonus shares!
-
1:5 bonus share: Turnaround story in this multibagger penny stock below Rs 35; PAT zooms over 15,000 per cent!
-
Multibagger penny stock at Rs 37.08; Board likely to announce bonus shares & stock split!
-
Multibagger penny stock under Rs 50 with 1,500 per cent returns; Board announced bonus shares in ratio 2:1
-
2:1 Bonus Share & PAT jumps 245 per cent: Heavy buying multibagger penny stock under Rs 60; hit back-to-back upper circuits – record date inside!
-
Multibagger penny stock below Rs 5 hit upper circuit as the Board fixed record date for bonus shares in ratio of 1:5
-
4:1 Bonus Share: Multibagger penny stock under Rs 100 with Rs 1,440 crore order was locked in 20 per cent upper circuit on January 20
-
Multibagger penny stock below Rs 35: This micro-cap company bags new order worth Rs 84,16,656 from Ministry of Electronics and Information Technology!
-
LIC gains Rs 1,77,38,693 from this multibagger penny stock: Board announces 1:1 bonus share; scrip hit back-to-back upper circuit & 52-week high!
-
Penny stock under Rs 2: Board announces bonus shares; PAT zooms over 100 per cent!
-
Upper Circuit Alert: Multibagger penny stock below Rs 80 to trade ex-bonus & ex-split on December 29; PAT zooms over 2,500 per cent!
-
Multibagger penny stock under Rs 65; Board announced bonus shares; PAT zooms over 150 per cent!
-
1200-per cent returns in this multibagger penny stock below Rs 100: Board announces bonus shares; hit back-to-back upper circuits & 52-week high!
-
Multibagger penny stock under Rs 65 with 680 per cent returns; Board likely to announce bonus shares; PAT zooms over 150 per cent!
-
Penny stock under Rs 100 with 214 per cent jump in net profit; Board announces bonus shares – know the record date inside!
-
Multibagger penny stock under Rs 70 with 900 per cent returns; Board likely to announce bonus shares!
-
Multibagger penny stock under Rs 70 with 4,800 per cent returns; Board announces bonus shares & stock split; scrip hit upper circuit!
-
Multibagger penny stock below Rs 10; Board likely to announce bonus shares, dividend and buyback of shares!