This company plans stock split, board members likely to consider changes in the share capital | Check full details here
GH News June 29, 2025 07:07 PM
Pavan Industries Limiteds stock is in focus. The company informed on Friday that it is planning a stock split. After this the stock has come into the eyes of investors. On Friday the companys stock fell 2.34 percent to close at ₹ 403.10 per share. The meeting of the Board of Directors of the company is scheduled to be held on July 2 2025. In this meeting the board will consider changes in the share capital. Under this a proposal will be made to split the companys existing equity shares of Rs 10. This proposal will be implemented only after getting the approval of the shareholders and necessary regulatory approvals. Pavan Industries Limited Pavan Industries Limited was established in 1994. This company manufactures many important parts for the automotive sector. The company manufactures products such as steering-cum-ignition switches fuel tank caps throttle bodies and carburetors for two-wheelers three-wheelers passenger and commercial vehicles. Apart from this the company also manufactures electrical products casting components and accessories like wheel locks helmet locks fuel cocks pumps handles and latches. Pavan Industries Limited Net Sales In the March quarter (Q4FY25) Pavan Industries Limited reported net sales of Rs 66.23 crore and a net profit of Rs 1.82 crore. For the full financial year 2025 the companys net sales stood at Rs 308.24 crore and net profit stood at Rs 8.04 crore. Regarding the shareholding pattern the promoters stake remained at 61.50 percent until March 2025. While FIIs did not buy any shares in the company last year this year they bought 861614 shares or a 6.18 percent stake. The remaining 32.32 percent of shares are held by the public. The market capitalization of the company is more than Rs 560 crore. The price-to-earnings (PE) ratio of the shares is 7x. Return on equity (ROE) is 5 percent and return on capital employed (ROCE) is 10 percent. The stock has gained 37.30 percent so far from its 52-week low of Rs 293.30. The stock has gained 3 percent in the last one month. However in the intervening 6 months the stock has fallen by more than 17 percent. The stock has given a negative return of 28 percent in a year. However in five years the stock has given a multibagger return of 388 percent.
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