Pavna Industries: Stock jumps after signing MoU with Tamil Nadu Govt
News by Aliceblue News Desk
17 Sept 2025
Introduction
Leading auto-components manufacturer has signed an MoU with the Tamil Nadu government to establish a state-of-the-art manufacturing facility at Future Mobility Park, Shoolagiri, enhancing production capacity and supporting the region’s mobility ecosystem.
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Share price movement of Pavna Industries
On September 17, 2025, Pavna Industries Ltd opened at ₹41.50, up 2.7% from its previous close of ₹40.42. The stock reached a high of ₹43.70 and a low of ₹38.86. By 2:26 PM, it traded at ₹41.69, a 3.14% increase, with a market cap of ₹581.70 crore.
Pavna Signs MoU for Tamil Nadu Facility
Pavna Industries Limited signed a Memorandum of Understanding with the Government of Tamil Nadu to set up an auto-components manufacturing facility at Future Mobility Park, Shoolagiri, Krishnagiri District.
The MoU provides government support for project execution. Pavna Industries will expand its manufacturing capacity and strengthen its position in the automotive sector.
The facility will produce components for passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and off-road vehicles. The project supports Tamil Nadu’s plan to develop a future mobility hub.
Stock performance of Pavna Industries for Period of 1 week, 6 months, and 1 year
Pavna Industries Ltd delivered a 16.0% return over the past week, it gained 8.88% in the past six months. The stock declined by 6.62% over the past year.
Shareholding pattern of Pavna Industries
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 61.50% | 61.50% | 70.40% |
| FII | 6.40% | 6.20% | 0.10% |
| DII | 0.00% | 0.00% | 0.00% |
| Public | 32.10% | 32.30% | 29.40% |
About Pavna Industries
Pavna Industries Limited (NSE: PAVNAIND) manufactures high-quality automotive parts for diverse vehicle segments. With plants across India, it serves domestic and export markets, catering to leading OEMs like Bajaj, Honda, and Mahindra.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Pavna Industries Limited share price going up today?
A: Pavna Industries Limited signed an MoU with the Government of Tamil Nadu to establish an auto-components manufacturing facility.
Q: What does Pavna Industries Limited specialize in?
A: Pavna Industries Limited specializes in manufacturing high-quality automotive parts for passenger vehicles, two-wheelers, three-wheelers, commercial vehicles, and off-road vehicles.
Q: What is the market capitalization of Pavna Industries Limited?
A: Pavna Industries Limited has a market capitalization of approximately ₹581.70 crore as of September 17, 2025.
News Author
Aliceblue News Desk
