New Delhi, Aug. 15 -- Small-cap multibagger stock Pavna Industries will remain in focus in Monday's trading session after the company announced that the company will form a joint venture company with SmartChip Microelectronic Corporation, on Thursday, August 14.

Pavna Industries share price fell over 2.68 per cent to close at Rs.407.30 apiece on Thursday, as compared to previous close of Rs.418.50 on Wednesday.

The small-cap stock has remained volatile in the short-term. The stock gained nearly 7 per cent in past five trading sessions, however, descended 5.68 per cent in a month. Pavna Industries shares have given multibagger returns to its long-term investors by soaring over 400 per cent in four years.

In an exchange filing dated Augu...