Subscribe for notification
Categories: Stock Market

Multibagger small-cap solar stock Servotech Renewable Power Systems in focus after THIS order update; Do you own?


Servotech Renewable Power Systems Share Price: Servotech Renewable Power Systems Ltd announced on Wednesday, April 23, that it bagged a rooftop solar order from the Indian Railways’ Waltair Division of the East Coast Railway zone. Formerly known as Servotech Power Systems Ltd, the leading solar energy solutions provider, is a multi-bagger small-cap stock listed on NSE that has delivered massive 1,200 per cent returns to investors in the last three years.

Under the scope of this contract, Servotech will undertake the design, manufacturing, supply, installation, testing, and commissioning of rooftop ongrid Solar Photovoltaic (PV) plants of varying capacities across multiple sites within the waltair division. 

This initiative is part of the Indian Railways’ broader mission to integrate renewable energy into its infrastructure and reduce its carbon footprint, reinforcing its position as a leader in sustainable transportation.

Sarika Bhatia, Director, Servotech Renewable Power System Ltd., commented, “We are delighted to have been awarded this significant 4.1 MW rooftop solar project by the Waltair Division of the East Coast Railway. This order reaffirms Servotech’s position as a trusted partner in India’s renewable energy landscape. We are committed to delivering best-in-class solar solutions and are proud to support Indian Railways in its journey towards cleaner and greener operations.”

This win strengthens Servotech’s growing portfolio in the public sector and showcases its capabilities in executing large-scale solar projects with high-quality standards and efficiency.

Servotech Renewable Power System Limited (Formerly known as Servotech Power Systems Ltd.) is an NSE-listed organization that develops tech-enabled EV Charging solutions leveraging their over two decades of experience and expertise in the electronics space. It offers extensive range of AC and DC chargers which are compatible with different Electric Vehicles and serve multiple applications such as commercial and domestic.

Admin

Recent Posts

Wall Street rallies as worries about tariff war, Powell tenure subside

April 23 (Reuters) - The benchmark S&P 500 US stock Index rallied to a two-week high on Wednesday on hopes…

14 minutes ago

IBM Q1 earnings report 2025

IBM CEO Arvind Krishna speaks at the SXSW conference in Austin, Texas, on March 11, 2025.Andy Wenstrand | Sxsw Conference…

35 minutes ago

Bessent Says No Unilateral US Offer to Cut Tariffs on China

Supply Lines is a daily newsletter that tracks global trade. . Treasury Secretary Scott Bessent said that President Donald Trump hasn’t…

2 hours ago