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27-02-2024 02:11 PM | Source: Accord Fintech
PVV Infra gains on incorporating subsidiary company

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PVV Infra is currently trading at Rs. 28.50, up by 0.51 points or 1.82% from its previous closing of Rs. 27.99 on the BSE.

The scrip opened at Rs. 28.50 and has touched a high and low of Rs. 28.50 and Rs. 28.00 respectively. So far 80854 shares were traded on the counter.

The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 29.22 on 21-Feb-2024 and a 52 week low of Rs. 11.85 on 08-May-2023.

Last one week high and low of the scrip stood at Rs. 29.22 and Rs. 26.98 respectively. The current market cap of the company is Rs. 65.50 crore.

The promoters holding in the company stood at 6.54%, while Institutions and Non-Institutions held 1.00% and 92.47% respectively.

PVV Infra has incorporated a subsidiary company in the name of ‘PVV Solar Power’. The subsidiary company has been incorporated to carry on the business of solar power rooftop installation on Pan India basis. The company has incorporated a subsidiary on February 26, 2024.

PVV Infra is engaged into infrastructure business like multi-storied commercial and residential buildings, landscaping, duplex housing and housing for EWS, low middle and high income groups.