PVV Infra is locked at upper circuit limit at Rs. 14.97, up by 0.71 points 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 47,000 shares were traded on the counter.
The BSE stock of face value Rs. 10 has touched a 52 week high of Rs. 16.00 on 04-Jan-2017 and a 52 week low of Rs. 6.66 on 01-Jul-2016.
Last one week high and low of the scrip stood at Rs. 14.97 and Rs. 12.50 respectively. The current market cap of the company is Rs. 7.49 crore.
The promoters holding in the company stood at 7.36%, while public held 92.64% respectively.
PVV Infra has got an order from Tata Trusts (Modern Architects for Rural India through their Community Development Centers) for pre-cast Demo Individual Household Latrine (IHHL) installation at Kesarapalli Village, Krishna District, Andhra Pradesh. Tata Trusts is partnering with Andhra Pradesh Government by developing 264 villages covering 2.5 lacs households in Krishna District, Andhra Pradesh, for improved drinking water and sanitation systems and several livelihood enrichment programmes.
Due to the company’s EPS Building System, featuring Fast, Reliable Insulation, Anti - Seismic Properties, Typhoon - Resistance, Reliability, Light weightedness, Simplicity/Fast to Erect, Durability and Cost Effectiveness, the company is confident that it will be getting a sizeable bulk order from the total installations planned once the demo unit is approved.