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Servotech Renewable stock jumps 4% after 617% increase in profit
short by System User / on Wednesday, 22 January, 2025
Servotech Renewable Power Systems Ltd's stock was up by 4.07% after Q3FY25 revenue surged 315.84% YoY to ₹216.29 crore, with net profit rising 616.80% to ₹7.98 crore. The company has an order book of over ₹600 crore and holds 35% to 40% market share in EV Chargers. Servotech offers products in solar and EV chargers.
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