Turnaround story in this multibagger penny stock below Rs 35; PAT zooms over 15000 per cent!

PVV Infra Ltd has seen an impressive growth in its stock price, with multibagger returns of over 180 per cent from its 52-week low of Rs 11.85 per share. Today, the stock was locked in a 5 per cent lower circuit at Rs 41.82 per share. The company is involved in engineering, designing, planning, and executing infrastructure projects, as well as owning and operating power-generating plants.

In its recent Quarterly Results, PVV Infra reported a net profit of Rs 1.83 crore in Q4FY24, a significant increase from a net loss of Rs 0.76 crore in Q4FY23. The company also announced a bonus share issue in the ratio of 1:5 for the first time ever, providing additional value to its shareholders.

Additionally, PVV Infra Ltd. has approved setting up EV charging stations across India, aligning with their sustainability goals and capitalizing on the growing demand for EV infrastructure. This decision has led to a surge in the company’s stock price. The company is exploring partnerships and financing options to implement this project and potentially benefit from government subsidies.

With a market cap of Rs 77 crore, PVV Infra Ltd. is a micro-cap stock that investors should keep an eye on. The company’s strong financial performance and strategic decisions make it an interesting prospect for those looking to invest in the infrastructure sector. Please note that the information provided is for informational purposes only and not investment advice.