Pavna Industries Stock Climbs on Tamil Nadu Expansion Plans

Pavna Industries, a company making car parts, announced a plan to build a new factory in Tamil Nadu, India.

This caused the company's stock price to increase a bit.

The company has had some recent financial difficulties, including a loss in the last quarter.

The stock's price is down from its highest point in the past year.

The company is making a move aligned with India's Make in India vision and hopes to create more jobs and boost the automotive industry.

The stock has also undergone a split recently.