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Smallcap power generation stock zooms 19% on heavy volumes; hits 52-wk high

Nava said it enters the new financial year with a momentum of new projects under execution and a strong balance sheet

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Nava share price was quoting 14 per cent higher

SI Reporter Mumbai

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Nava Limited share price today

Shares of Nava Ltd. hit a 52-week high of ₹710.90, zooming 19 per cent on the BSE in Thursday's intra-day trade amid heavy volumes. The stock price of the small-cap power generation stock surpassed its previous high of ₹673.35, which it touched on September 18, 2024.
 
At 02:44 PM, Nava was quoting 14 per cent higher at ₹681.70, as compared to a 0.27 per cent rise in the BSE Sensex. The average trading volumes on the counter jumped multiple-fold today. A combined 15.79 million equity shares representing 5.6 per cent of the total equity of Nava Limited have changed hands on the NSE (15.03 million shares) and BSE (0.76 million shares).
 

Nava Q1FY26 results 

In the April to June 2025 quarter (Q1FY26), Nava's consolidated revenues increased 15 per cent sequentially to ₹1,213 crore, while net profit surged over 61 per cent quarter-on-quarter to ₹490 crore. This exceptional growth was driven by robust energy operations, higher realisations in our metal businesses, and disciplined cost control.
 
One of the most notable achievements this quarter was the sharp improvement in Maamba Energy Limited’s receivable position, where arrears of $75 million were successfully collected, the management said in the Q1 earnings conference call.
 
The company's strategic projects, from renewable energy in Zambia to commercial agriculture in Africa, are progressing as planned, positioning the company for sustainable growth. The planned conversion of captive power assets to IPPs will further enhance operational efficiency, the management said.
 
Nava is poised to implement a calibrated capital expenditure plan of up to $750 million over the next few years. These investments aim to enhance core capabilities in Energy, Agriculture and Metals, while also supporting strategic expansion into high-growth adjacencies. 

Nava outlook 

Nava, in its FY25 annual report, said that the company enters the new financial year with a momentum of new projects under execution and a strong balance sheet. Further, the company is well-positioned to accelerate growth across its core and emerging businesses. The company's geographic diversity, robust liquidity, and prudent capital allocation provide resilience and the required foundation for the next phase of value creation. Focus remains on execution of committed projects, 400 Megawatt (Mw) Power capacity addition, Avocado plantation and Sugar project, all in Zambia.
 
According to IMARC and Straits Research, the global ferro alloys market was $57 billion in 2024 and is projected to grow at a compounded annual growth rate (CAGR) of 5.9 per cent through 2033. Growth is underpinned by rising steel production in emerging economies, particularly across Asia, where infrastructure development and industrial expansion are strong. Europe and North America are growing more slowly, constrained by inflation, financing challenges, and stringent environmental regulations.

About Nava 

Nava is a diversified Global conglomerate with an expanding global footprint and established leadership in ferro alloys and thermal power generation. Headquartered in Hyderabad, the company operates across India, Zambia, and Southeast Asia, reflecting its transformation into a multi-continental business group. Over five decades, Nava has built a resilient and future-focused portfolio spanning energy, mining, agriculture, healthcare, and operations & maintenance (O&M) services.
 

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First Published: Aug 21 2025 | 3:26 PM IST

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