FIIs Increase Stake: EV Charger Manufacturer & Solar Solutions Provider Stock Jumps 7.4 Per Cent From Intraday Low; Signed MoU with CIMSME

The stock is up over 57 per cent from its 52-week low of Rs 73.50 per share and delivered multibagger returns of over 8,500 per cent in 5 years.

On Tuesday, shares of Servotech Power Systems Ltd jumped 7.4 per cent to Rs 115.23 per share from its intraday low of Rs 107.26 per share. The stock’s 52-week high & all-time high is Rs 205.40 per share.

Servotech Renewable Power System Limited (formerly Servotech Power Systems Ltd) is an NSE-listed organisation developing tech-enabled EV Charging solutions, leveraging over two decades of experience and expertise in the electronics space. We offer an extensive range of AC and DC chargers compatible with various electric vehicles and serve multiple applications, including commercial and domestic ones. With our comprehensive engineering capabilities, we aim to play a pivotal role in developing India's EV tech infrastructure. As a trusted brand with a strong pan-India presence, our legacy is marked by proven innovations and the development of advanced technologies.

Recently, the company and CIMSME have forged a strategic partnership to accelerate solar energy adoption in India, directly supporting the PM Surya Ghar Muft Bijli Yojana by targeting 100,000 residential rooftop solar installations by 2026. This initiative will be powered by a dedicated mobile application, streamlining the adoption process from inspection to subsidy application, and bolstered by a 30,000-strong, PIN code-based workforce for nationwide implementation. Servotech, with its existing DISCOM registrations, will provide end-to-end solar solutions, including tailored SPGS installations and ongoing maintenance, ensuring efficient and reliable solar energy for homeowners.

Total revenue increased by 315.3 per cent to Rs 21,683.2 lakh from Rs 5,220.6 lakh in the same quarter last year. Additionally, PAT increased significantly by 616.8 per cent to Rs 798.7 lakh from Rs 111.4 lakh. Revenue reached Rs 52,934.0 lakh in 9MFY25, up 142.1 per cent from Rs 21,861.0 lakh in 9MFY24. PAT also grew substantially, increasing by 184.1 per cent to Rs 2,371.9 lakh from Rs 834.8 lakh in 9MFY25 over 9MFY24.

In January 2025, FIIs bought 9,28,856 shares and increased their stake to 3.10 per cent compared to December 2024. The company has delivered good profit growth of 30 CAGR over the last 5 years, and its median sales growth is 22.5 per cent over the last 10 years with a market cap of over Rs 2,500 crore. The stock is up over 57 per cent from its 52-week low of Rs 73.50 per share and delivered multibagger returns of over 8,500 per cent in 5 years. Investors should keep an eye on this multibagger stock.

Disclaimer: The article is for informational purposes only and not investment advice.