Servotech receives an order for 1400 DC chargers from Indian Oil

Servotech Power Systems witnessed a 4% surge in shares following a significant order from Indian Oil Corporation Limited (IOCL) for 1400 DC fast EV chargers valued at ₹111 crore. The deal involves manufacturing, production, and installation, with a focus on IOCL petrol stations, contributing to decarbonized mobility.