60 Per Cent From 52-Week Low: EV Chargers and Solar Solutions Company’s Stock Jumps 6.5 Per Cent Today
The stock is up over 60 per cent from its 52-week low of Rs 75.50 per share and delivered multibagger returns of 14,638 per cent in 5 years.
On Tuesday, shares of Servotech Power Systems Ltd jumped 6.5 per cent to Rs 120.85 per share from its previous closing of Rs 113.50 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.
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.
DSIJ’s 'multibagger Pick’ service recommends well researched multibagger stocks with High Returns potential. If this interests you, do download the service details here.
Servotech Renewable Power System Ltd has secured a significant 20-year patent from the Indian Patent Office for its innovative "System and Method for Peak Shaving," a technology designed to intelligently reduce peak electricity demand, enhance energy efficiency, and offer cost savings while bolstering grid stability. This achievement follows the company's recent acquisition of a 2 MW solar rooftop project from North Eastern Railway's Lucknow Division, a move that signifies Servotech's entry into the railway sector and underscores its growing influence in renewable energy, building upon existing partnerships with oil marketing companies and state agencies to further its commitment to sustainable development and a greener future.
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 2,800 crore. The stock is up over 60 per cent from its 52-week low of Rs 75.50 per share and delivered multibagger returns of 14,638 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.