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Pavna Industries approves 80% stake acquisition in subsidiary

Pavna Industries approved an 80% acquisition of its subsidiary Pavna SMC for ₹4,00,000, aiming to enhance its automotive component production. Shares fluctuated between ₹17.73 and ₹17.44 during trading.

after close1 source ↓written by the desknot a recommendation

₹4,00,000
to conclude
31 March 2026
Shares started
₹17.73
before profit booking
₹17.78
₹17.44

Pavna Industries has approved the acquisition of an 80% stake in its subsidiary, Pavna SMC Private Limited, for ₹4,00,000. This move aims to bolster its presence in the automobile sector, focusing on electronic components for both ICE and EV segments. The transaction is expected to conclude by 31 March 2026.

Shares started at ₹17.73, reaching an intraday high of ₹17.78 before profit booking brought it down to ₹17.44.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 29 Jan 2026, 16:04 IST.

Sourcesnews.google.com

Read inENहिंతెमराதગુ

The market after the news

PAVNAIND closed +0.2% on the day of the news, from ₹17.53 to ₹17.57; Nifty −0.4% over the same session.

Bulletin at 16:04 IST on 29 Jan 2026. Every change is measured from ₹17.53, the last close before it, on 29 Jan. Nifty 50 is measured over the same sessions.

  • PAVNAIND close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
PAVNAIND closes around the bulletin against the close before the news, with Nifty 50 rebased to it12.1618.6725.18axis spans 107%before the news · 29 Jan17.53Nifty 50PAVNAINDbulletinD0+1+3+522 Jan3 Feb12 FebReference close ₹17.53. 16 sessions from 22 Jan to 12 Feb; the price axis spans 107 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before29 Jan₹17.53basebase
On the day30 Jan₹17.57▲ +0.2%▼ −0.4%+0.6 pp difference
+1 session1 Feb₹17.89▲ +2.0%▼ −2.3%+4.4 pp difference
+3 sessions3 Feb₹18.10▲ +3.3%▲ +1.2%+2.0 pp difference
+5 sessions5 Feb₹18.86▲ +7.6%▲ +0.9%+6.7 pp difference
Gap at the open, % · ₹
0.0%0.00 on 30 Jan
Day's range, % · ₹
3.1%≈ 0.55 high to low
Volume on the day
0.20×the 20-session average
Futures OI on the day
—
Futures OI open, lots
—
Futures premium, ₹
—
Puts per call, by OI
—
Max pain
—

Source NSE UDiFF bhavcopy · PAVNAIND on the desk →

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