PVV Infra soars nearly 5%, bags order from Tata Trusts

PVV INFRA LTD has received an order on Friday from Tata Trusts for pre-cast demo individual household latrine (IHHL) installation in Andhra Pradesh.

Jun 30, 2017 07:06 IST India Infoline News Service

PVV INFRA LTD has received an order on Friday from Tata Trusts for pre-cast demo individual household latrine (IHHL) installation in Andhra Pradesh.
 
Tata Trusts is partnering with the state government by developing 264 villages, covering 2.5 lakh households in Krishna District, Andhra Pradesh. The project includes improving drinking water and sanitation systems and several livelihood enrichment programmes.
 
On a yearly basis, the stock has outperformed BSE Small-cap index. The stock has breached upper circuit at Rs 14.97 per share on BSE. The stock spurted in volume by more than 1.07 times during Friday’s trade. The stock opened at Rs 14.97 per share, which is also its high and a low of Rs 14.95.
 
On BSE, the stock attracted a total traded quantity of 0.47 lakh shares during Friday’s trade.
 
Stock view:
 
PVV Infra Ltd is currently trading at Rs 14.97, up by Rs 0.71 or 4.98% from its previous closing of Rs 14.26 on the BSE.
 
The scrip opened at Rs 14.97 and has touched a high and low of Rs 14.97 and Rs 14.95 respectively. So far 46997(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 7.13 crore.
 
The BSE group 'XT' stock of face value Rs 10 has touched a 52 week high of Rs 16 on 04-Jan-2017 and a 52 week low of Rs 6.66 on 04-Jul-2016. Last one week high and low of the scrip stood at Rs 14.26 and Rs 12.4 respectively.
 
The promoters holding in the company stood at 7.36 % while Institutions and Non-Institutions held 0 % and 92.64 % respectively.
 
The stock is currently trading above its 100 DMA.

Related Story