Penny stock shares of the infrastructure sector are witnessing a bumper rise. On Tuesday also, the stock hit an upper circuit of 10 percent, due to which its price reached ₹6.77 per share.
The name of the smallcap company is PVV Infra Ltd. There has been an increase of 21% in the last 5 days, 22% in the last 1 month and a decline of 25% in the last 1 year. There has been an increase in buyer activity in the last one month, which indicates that positivity regarding this stock is increasing in the market. If we look at the book value of the company, the current share price is ₹6.77, which is much lower than the book value, book value indicates that the company has adequate assets.
company business model
PVV Infra Ltd is an MSME company, specializing in construction of commercial and residential multistorey buildings. Its major projects include duplex residential buildings, commercial infrastructure, while major clients include names like Coal India, NPCC, MCL, L&T.
The infrastructure sector is growing rapidly in India, due to which the companies in this sector are benefiting. According to experts, the price of ₹ 6.77 against the book value of ₹ 10 makes it undervalued.
FIIs’ stake is 0.04% while promoters’ holding is 25.54%.
Disclaimer: This information is for informational purposes only and should not be construed as investment advice. It is recommended to consult a financial advisor before making investment decisions.