▼ Negative
Pranav Constructions stock tanks 37% in 2 days, slips below issue price
BSE moved lower.
16 Sept 2026 · Business Standard Mkts
Pranav Constructions' share price plunged 20% to ₹104.15 on the BSE in Wednesday's intraday deals, falling below its issue price of ₹124 per share.
The analysis
BSE reported ₹104.15 and ₹124, with movement of 37% and 20% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Why it matters
- With BSE involved, this carries a regulatory dimension that can outlast the immediate market reaction.
Market context
- The immediate tone of coverage reads negative.