Introduction
Leading auto component manufacturer has formed a joint venture with Taiwan-based SMC to produce electronic locks, EV components, and advanced automotive solutions, combining local market expertise with global technical and R&D capabilities.
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Share price movement of Pavna Industries
On August 18, 2025, Pavna Industries Ltd opened at ₹448.95, up 9.45% from its previous close of ₹410.35. The stock reached a high of ₹448.95 and a low of ₹415.05. By 3:07 PM, it traded at ₹418.15, a 1.90% increase, with a market cap of ₹583.44 crore.
Pavna Industries Forms JV with Taiwan-Based SMC
Pavna Industries Limited has entered into a joint venture with Taiwan-based SmartChip Microelectronic Corporation (SMC). The JV will focus on manufacturing electronic locks, EV components, and other automotive and industrial electronic products in India.
Under the agreement, Pavna will contribute its operational, manufacturing, and procurement expertise, managing the JV’s operations in India. SMC will provide technical skills, innovations, and R&D capabilities for automotive e-lock systems and EV components.
Pavna will hold 80% equity in the JV, while SMC will hold 20%. The partnership aims to deliver advanced, globally competitive solutions for vehicles, residential, commercial, aero, and medical electronic applications.
Stock performance of Pavna Industries for Period of 1 week, 6 months, and 1 year
Pavna Industries Ltd delivered an 11.0% return over the past week. The stock gained 3.61% in the past six months and declined 2.52% over the past year.
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Shareholding pattern of Pavna Industries
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 61.50% | 61.50% | 61.50% |
| FII | 6.40% | 6.20% | 5.90% |
| DII | 0% | 0% | 0% |
| Public | 32.10% | 32.30% | 32.60% |
About Pavna Industries
Pavna Industries Limited (NSE: PAVNAIND), established in 1994, manufactures high-quality automotive components for diverse vehicle segments. It operates multiple plants in India, exports globally, and focuses on innovation, R&D, and strategic collaborations.
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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Pavna Industries Ltd share price going up today?
A: The stock rose after the company announced a joint venture with Taiwan-based SMC to produce electronic locks and EV components in India.
Q: What does Pavna Industries Ltd specialize in?
A: The company specializes in manufacturing automotive components, including ignition switches, latches, fuel caps, auto locks, throttle bodies, and other vehicle parts.
Q: What is the 52-week high and low of Pavna Industries Ltd stock?
A: The 52-week high is ₹759.55, and the 52-week low is ₹295.20.
