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The stock of leading EV chargers and solar solutions providers started trading today at Rs 78. In the previous session on Monday, the stock settled at Rs 74.30.
Shares of Servotech Power System surged 5 per cent, hitting their daily circuit limit, to Rs 171.65 on Monday, with total market capitalization of more than Rs 1,825 crore.
In order to provide electric vehicle charging solutions to the Middle Eastern and African markets, Dubai-based Al Ansari Motors and NSE-listed Servotech Power Systems Ltd (SPSL) have reached an agreement.
Servotech Power Systems Limited, an NSE-listed company with a history spanning more than two decades, is one of India's top producers and suppliers of solar, EV charger, LED, UVC, and medical-grade products.
New Delhi, Sept 5:Servotech Power Systems has bagged a project from the Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) for building 4.1 MW of solar power plants across the state. UPNEDA is the nodal agency for the implementation of solar energy schemes in the state. In a statement on Monday, Servotech Power Systems said “it has bagged a large-scale, state-spanning grid-interactive rooftop solar power plant project from UPNEDA. The project involves building 4.1 MW of solar power plants […]