MUMBAI – Shares of small-cap auto component manufacturer Pavna Industries witnessed a massive surge during Tuesday’s trading session, locking into the 20% upper circuit limit. The stock became a standout performer in the broader market rally, drawing significant investor interest amid a second consecutive day of gains.
Price Action Summary
The stock opened the day at ₹19.68, slightly higher than its previous close of ₹19.29. As buying momentum accelerated throughout the morning, the share price skyrocketed to hit the daily upper limit of ₹23.14.
By the end of the session, the stock remained locked at the circuit filter with no sellers in sight, reflecting robust demand. This 20% jump follows a period of consolidation and comes just a day after the stock showed signs of a trend reversal.
Key Market Data (Feb 10, 2026)
- Previous Close: ₹19.29
- Open: ₹19.68
- Current Price (Upper Circuit): ₹23.14 (+20%)
- 52-Week High/Low: ₹50.90 / ₹16.24
- Market Capitalization: Approximately ₹316 Crore
What is Driving the Momentum?
The sharp rally in Pavna Industries can be attributed to several factors:
- Broader Market Rally: Sentiment across the Indian indices turned bullish on Tuesday, with small-cap and mid-cap stocks leading the charge. Investors appeared to be hunting for value in beaten-down industrial names.
- Upcoming Board Meeting: Market participants are keeping a close watch on the company’s upcoming board meeting scheduled for Wednesday. The board is set to consider and approve the unaudited financial results for the quarter and nine months ended December 31, 2025. Traders often take positions ahead of earnings calls in anticipation of positive surprises or strategic announcements.
- Low Valuation Attraction: After hitting a 52-week low of ₹16.24 in late January, the stock has been trading at attractive valuation levels compared to its historical averages, prompting “bottom-fishing” by retail and HNI investors.
About Pavna Industries
Pavna Industries is a key player in the automotive component space, specialising in high-quality parts like ignition switches, fuel tank caps, latches, and casting components. The company serves major Original Equipment Manufacturers (OEMs) in the two-wheeler, passenger vehicle, and commercial vehicle segments.
