143% jump in a month pushes this small-cap stock to its highest level since 2008: Key factors explained
New Delhi, Sept. 4 -- PVP Ventures, a small-cap stock with a market capitalisation of less than Rs.2,000 crore, has made significant strides on Dalal Street, climbing to multi-year highs and delivering phenomenal returns to shareholders. The strong buying interest has emerged at a time when the broader market has struggled to gain momentum.
The company, which is engaged in urban infrastructure development and investments across various ventures, has seen its shares maintain a strong one-way rally since August. The stock surged from around Rs.27 apiece to Rs.69, translating into a whopping gain of about 155%. The rally extended into September, with the stock climbing further to around Rs.72 apiece.
The stock was last seen at these levels...
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