This company gains 12 percent amid stock market rally | Check details here
Shares of Pavna Industries surged around 12 per cent on Monday, September 8, 2025. The stock started the trading session with a gain of 4.35 per cent at Rs 36 against the previous close of 34.76 on the BSE. The scrip continued to gain and touched the high of Rs 38.50. This is a gain of of 11.59 per cent against the previous close. The action in stock comes after three consecutive days of fall. Technically, the stock trades above the 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which are commonly used to identify trends in stock prices.
Last seen, the scrip was trading at Rs 35.80, and the market cap of the company stood at Rs 499.52 crore. Despite the recent dip, Pavna Industries has the potential for recovery. The stock has a 52-week high of Rs 75.96 and a 52-week low of Rs 29.52. According to BSE Analytics, the counter has corrected 22.78 percent in two years, compared to a positive return of 21 percent by the benchmark index. In one year, the stock has dipped 21.92 percent.
Meanwhile, benchmark equity indices Sensex and Nifty rallied in early trade on Monday, tracking a firm trend in global markets amid hopes of a rate cut by the US Federal Reserve later this month.
The recent GST rate cut announcement also added to the markets’ optimism during the initial trade. The 30-share BSE Sensex climbed 296.26 points to 81,007.02 in early trade. The 50-share NSE Nifty rallied 90.35 points to 24,831.35.
From the Sensex firms, Tata Steel, Tata Motors, Mahindra & Mahindra, Adani Ports, UltraTech Cement and Power Grid were among the gainers.
However, Asian Paints, Trent, Bharti Airtel and Titan were among the laggards.
In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng traded in positive territory.
Foreign Institutional Investors (FIIs) offloaded equities worth Rs 1,304.91 crore on Friday, while Domestic Institutional Investors (DIIs) bought stocks worth Rs 1,821.23 crore, according to exchange data.
Story Highlights:
- The recent GST rate cut announcement also added to the markets’ optimism during the initial trade.
- The 30-share BSE Sensex climbed 296.26 points to 81,007.02 in early trade.
- In Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite index and Hong Kong’s Hang Seng traded in positive territory.
- The counter has corrected 22.78 percent in two years, compared to a positive return of 21 percent by the benchmark index.
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