SERVOTECH
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Recent events
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News
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Corporate Actions
India's Servotech jumps on 336 million rupee contract
** Shares of Servotech Renewable Power System SERO.NS rise 11.4% to 164 rupees, their highest since January 21
** Solar products maker wins 7.8 MW solar rooftop project worth 336 million rupees ($3.9 million) from Northeast Frontier Railway
** More than 1.9 million shares traded, over twice the 30-day avg
** Session's gains trim YTD losses to 3%
($1 = 85.8710 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
** Shares of Servotech Renewable Power System SERO.NS rise 11.4% to 164 rupees, their highest since January 21
** Solar products maker wins 7.8 MW solar rooftop project worth 336 million rupees ($3.9 million) from Northeast Frontier Railway
** More than 1.9 million shares traded, over twice the 30-day avg
** Session's gains trim YTD losses to 3%
($1 = 85.8710 Indian rupees)
(Reporting by Aleef Jahan in Bengaluru)
Servotech Renewable Power System Secures 158.9 Mln Rupees Order
April 23 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SECURES 158.9 MILLION RUPEES ORDER
SECURES 158.9 MILLION RUPEES ORDER FROM EAST COAST RAILWAY
Source text: ID:nNSEbQQLDy
Further company coverage: SERO.NS
(([email protected];;))
April 23 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SECURES 158.9 MILLION RUPEES ORDER
SECURES 158.9 MILLION RUPEES ORDER FROM EAST COAST RAILWAY
Source text: ID:nNSEbQQLDy
Further company coverage: SERO.NS
(([email protected];;))
Servotech Renewable Power System Bags Order Of Solar Rooftop
March 26 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SERVOTECH RENEWABLE POWER SYSTEM - BAGS ORDER OF SOLAR ROOFTOP FROM NORTH EASTERN RAILWAY
Source text: [ID:]
Further company coverage: SERO.NS
(([email protected];))
March 26 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SERVOTECH RENEWABLE POWER SYSTEM - BAGS ORDER OF SOLAR ROOFTOP FROM NORTH EASTERN RAILWAY
Source text: [ID:]
Further company coverage: SERO.NS
(([email protected];))
Servotech Renewable Power System Signed MoU With Chamber Of Indian Micro, Small, Medium Enterprises
Feb 27 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SIGNED MOU WITH CHAMBER OF INDIAN MICRO, SMALL, MEDIUM ENTERPRISES
MOU TO BOOST ADOPTION OF SOLAR ENERGY
Source text: ID:nNSE4F1djK
Further company coverage: SERO.NS
(([email protected];))
Feb 27 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SIGNED MOU WITH CHAMBER OF INDIAN MICRO, SMALL, MEDIUM ENTERPRISES
MOU TO BOOST ADOPTION OF SOLAR ENERGY
Source text: ID:nNSE4F1djK
Further company coverage: SERO.NS
(([email protected];))
India's Servotech climbs on EV charger deal with French firm
** Shares of Servotech Renewable Power System SERO.NS rise 2.8% to 124.8 rupees
** The electrical components maker signed an agreement with France-based electronics equipment maker Watt & Well
** Deal to develop and manufacture EV charger components in India
** Co did not mention the financial terms of the deal
** Stock has gained 3% so far this week
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Servotech Renewable Power System SERO.NS rise 2.8% to 124.8 rupees
** The electrical components maker signed an agreement with France-based electronics equipment maker Watt & Well
** Deal to develop and manufacture EV charger components in India
** Co did not mention the financial terms of the deal
** Stock has gained 3% so far this week
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Servotech Renewable Power System Signs Agreement With Watt & Well For EV Charger Components
Feb 19 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SIGNS AGREEMENT WITH WATT & WELL FOR EV CHARGER COMPONENTS
TO EXCLUSIVELY MARKET AND SELL COMPONENTS IN INDIA
Source text: ID:nNSE474T9T
Further company coverage: SERO.NS
(([email protected];;))
Feb 19 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SIGNS AGREEMENT WITH WATT & WELL FOR EV CHARGER COMPONENTS
TO EXCLUSIVELY MARKET AND SELL COMPONENTS IN INDIA
Source text: ID:nNSE474T9T
Further company coverage: SERO.NS
(([email protected];;))
Servotech Power Systems Dec-Qtr Consol Net Profit 79.6 Mln Rupees
Jan 21 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SERVOTECH POWER SYSTEMS DEC-QUARTER CONSOL NET PROFIT 79.6 MILLION RUPEES
SERVOTECH POWER SYSTEMS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.16 BILLION RUPEES
Further company coverage: SERO.NS
(([email protected];;))
Jan 21 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SERVOTECH POWER SYSTEMS DEC-QUARTER CONSOL NET PROFIT 79.6 MILLION RUPEES
SERVOTECH POWER SYSTEMS DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 2.16 BILLION RUPEES
Further company coverage: SERO.NS
(([email protected];;))
Servotech Renewable Power System Gets Order For 1100 Grid-Connected Agriculture Pumps
Dec 30 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SERVOTECH RENEWABLE POWER SYSTEM - GETS ORDER FOR 1100 GRID-CONNECTED AGRICULTURE PUMPS
Source text: ID:nNSE7GzSbv
Further company coverage: SERO.NS
(([email protected];))
Dec 30 (Reuters) - Servotech Renewable Power System Ltd SERO.NS:
SERVOTECH RENEWABLE POWER SYSTEM - GETS ORDER FOR 1100 GRID-CONNECTED AGRICULTURE PUMPS
Source text: ID:nNSE7GzSbv
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Partners With Lesszwei GMBH
Dec 9 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS - PARTNERS WITH LESSZWEI GMBH
Source text: [ID:]
Further company coverage: SERO.NS
(([email protected];))
Dec 9 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS - PARTNERS WITH LESSZWEI GMBH
Source text: [ID:]
Further company coverage: SERO.NS
(([email protected];))
India's Servotech Power Systems rises after contract win
** Shares of Servotech Power Systems SERO.NS rise around 3.5% to 183 rupees
** The EV charging solutions provider wins a solar power project valued at 302 mln rupees ($3.6 mln)
** Stock has gained 140% so far in 2024, partly driven by order wins
** SERO stock up nearly 6000% since listing in 2017
($1 = 84.4875 Indian rupees)
(Reporitng by Nishit Navin)
(([email protected];))
** Shares of Servotech Power Systems SERO.NS rise around 3.5% to 183 rupees
** The EV charging solutions provider wins a solar power project valued at 302 mln rupees ($3.6 mln)
** Stock has gained 140% so far in 2024, partly driven by order wins
** SERO stock up nearly 6000% since listing in 2017
($1 = 84.4875 Indian rupees)
(Reporitng by Nishit Navin)
(([email protected];))
Servotech Power Systems Gets Order Of 2 MW On-Grid Solar Power Plant From UPNEDA
Nov 12 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS - GETS ORDER OF 2 MW ON-GRID SOLAR POWER PLANT FROM UPNEDA
Source text: [ID:]
Further company coverage: SERO.NS
(([email protected];))
Nov 12 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS - GETS ORDER OF 2 MW ON-GRID SOLAR POWER PLANT FROM UPNEDA
Source text: [ID:]
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Sept-Quarter Consol Net Profit 113.1 Million Rupees
Oct 28 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SEPT-QUARTER CONSOL NET PROFIT 113.1 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2 BILLION RUPEES
Source text: ID:nNSE7nthql
Further company coverage: SERO.NS
(([email protected];))
Oct 28 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SEPT-QUARTER CONSOL NET PROFIT 113.1 MILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2 BILLION RUPEES
Source text: ID:nNSE7nthql
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Collaborates With UK-Based Co Ensmart Power
Oct 16 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS LTD - COLLABORATES WITH UK-BASED CO ENSMART POWER
SERVOTECH POWER SYSTEMS- COLLABORATION TO EXPAND EV CHARGER BUSINESS IN UK
Source text for Eikon: ID:nNSE67nPcZ
Further company coverage: SERO.NS
(([email protected];))
Oct 16 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS LTD - COLLABORATES WITH UK-BASED CO ENSMART POWER
SERVOTECH POWER SYSTEMS- COLLABORATION TO EXPAND EV CHARGER BUSINESS IN UK
Source text for Eikon: ID:nNSE67nPcZ
Further company coverage: SERO.NS
(([email protected];))
India's Servotech Power rises on EV charging stations order win
** Shares of EV charging solutions provider Servotech Power Systems SERO.NS rise an exchange allowed maximum of 5% to 178.95 rupees
** SERO gets an order to construct 9 EV charging stations from Nashik Municipal Corporation
** Stock set to snap three straight sessions of losses, where it shed 11.5%
** SERO up 133% so far this year, set to rise for a fifth straight year
(Reporting by Nishit Navin)
(([email protected];))
** Shares of EV charging solutions provider Servotech Power Systems SERO.NS rise an exchange allowed maximum of 5% to 178.95 rupees
** SERO gets an order to construct 9 EV charging stations from Nashik Municipal Corporation
** Stock set to snap three straight sessions of losses, where it shed 11.5%
** SERO up 133% so far this year, set to rise for a fifth straight year
(Reporting by Nishit Navin)
(([email protected];))
Servotech Power Systems Gets Additional Order To Build Ev Charging Stations
Oct 7 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS LTD - GETS ADDITIONAL ORDER TO BUILD EV CHARGING STATIONS
SERVOTECH POWER SYSTEMS LTD - ORDER FOR BUILDING 20 EV CHARGING STATIONS
Source text for Eikon: ID:nNSE7pHWWj
Further company coverage: SERO.NS
(([email protected];))
Oct 7 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS LTD - GETS ADDITIONAL ORDER TO BUILD EV CHARGING STATIONS
SERVOTECH POWER SYSTEMS LTD - ORDER FOR BUILDING 20 EV CHARGING STATIONS
Source text for Eikon: ID:nNSE7pHWWj
Further company coverage: SERO.NS
(([email protected];))
India's Servotech Power Systems hits record high
** Shares of electrical equipment maker Servotech Power Systems SERO.NS rise as much as 10% to a record high of 147.7 rupees
** SERO, which makes solar products, EV chargers and energy-efficient lighting solutions, says it has enrolled with 62 distribution companies under PM Surya Ghar Muft Bijli Yojana, in a bid to provide consumers with "subsidized solar solutions"
** More than 5.7 mln shares change hands, 2x its 30-day avg
** Stock up 93% so far this year, eyes fifth straight yearly gain
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of electrical equipment maker Servotech Power Systems SERO.NS rise as much as 10% to a record high of 147.7 rupees
** SERO, which makes solar products, EV chargers and energy-efficient lighting solutions, says it has enrolled with 62 distribution companies under PM Surya Ghar Muft Bijli Yojana, in a bid to provide consumers with "subsidized solar solutions"
** More than 5.7 mln shares change hands, 2x its 30-day avg
** Stock up 93% so far this year, eyes fifth straight yearly gain
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
India's Servotech gains on EV work order
** Shares of Servotech Power Systems SERO.NS up ~2%
** Electrical equipment maker gets contract from Kerala state government to install 12 EV charging stations
** No financial details given
** YTD stock had risen over 77%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of Servotech Power Systems SERO.NS up ~2%
** Electrical equipment maker gets contract from Kerala state government to install 12 EV charging stations
** No financial details given
** YTD stock had risen over 77%
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Servotech Power Systems Announces Establishment Of Unit To Foray Into Sports Line
July 9 (Reuters) - Servotech Power Systems Ltd SERO.NS:
ANNOUNCES ESTABLISHMENT OF UNIT TO FORAY INTO SPORTS LINE
Source text for Eikon: ID:nNSExVwyH
Further company coverage: SERO.NS
(([email protected];;))
July 9 (Reuters) - Servotech Power Systems Ltd SERO.NS:
ANNOUNCES ESTABLISHMENT OF UNIT TO FORAY INTO SPORTS LINE
Source text for Eikon: ID:nNSExVwyH
Further company coverage: SERO.NS
(([email protected];;))
Servotech Power Systems Collaborates With Electra Ev For Ev Charging Technologies
April 2 (Reuters) - Servotech Power Systems Ltd SERO.NS:
COLLABORATION OF SERVOTECH POWER SYSTEMS, ELECTRA EV FOR EV CHARGING TECHNOLOGIES
Source text for Eikon: [ID:]
Further company coverage: SERO.NS
(([email protected];))
April 2 (Reuters) - Servotech Power Systems Ltd SERO.NS:
COLLABORATION OF SERVOTECH POWER SYSTEMS, ELECTRA EV FOR EV CHARGING TECHNOLOGIES
Source text for Eikon: [ID:]
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems To Build 20 Ev Charging Stations For Nashik Municipal Corporation
March 18 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS LTD - CO TO BUILD 20 EV CHARGING STATIONS FOR NASHIK MUNICIPAL CORPORATION
Source text for Eikon: ID:nNSEc0m2Nw
Further company coverage: SERO.NS
(([email protected];))
March 18 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH POWER SYSTEMS LTD - CO TO BUILD 20 EV CHARGING STATIONS FOR NASHIK MUNICIPAL CORPORATION
Source text for Eikon: ID:nNSEc0m2Nw
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Says Servotech EV Infra Dilutes 6% Equity At Pre-Money Valuation Of 2 Bln Rupees
March 12 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH EV INFRA ANNOUNCES STRATEGIC EQUITY DILUTION
SERVOTECH EV INFRA DILUTED 6% EQUITY AT PRE-MONEY VALUATION OF 2 BILLION RUPEES
Source text for Eikon: ID:nNSE9n6Mlw
Further company coverage: SERO.NS
(([email protected];))
March 12 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SERVOTECH EV INFRA ANNOUNCES STRATEGIC EQUITY DILUTION
SERVOTECH EV INFRA DILUTED 6% EQUITY AT PRE-MONEY VALUATION OF 2 BILLION RUPEES
Source text for Eikon: ID:nNSE9n6Mlw
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Says Constructing Manufacturing Facility For Production Of Power Modules
March 7 (Reuters) - Servotech Power Systems Ltd SERO.NS:
CONSTRUCTING MANUFACTURING FACILITY FOCUSED ON PRODUCTION OF POWER MODULES, CONTROL CIRCUITS, AND PLCS
SECURED TECHNICAL COLLABORATION WITH AN INTERNATIONAL CO
NEW PLANT WILL HAVE AN INITIAL ANNUAL PRODUCTION CAPACITY OF 24,000 POWER MODULES
PLANT WILL RAMP UP ITS PRODUCTION CAPACITY TO 2.4 LAKH POWER MODULES ANNUALLY
Source text for Eikon: ID:nNSEb5nTVX
Further company coverage: SERO.NS
(([email protected];))
March 7 (Reuters) - Servotech Power Systems Ltd SERO.NS:
CONSTRUCTING MANUFACTURING FACILITY FOCUSED ON PRODUCTION OF POWER MODULES, CONTROL CIRCUITS, AND PLCS
SECURED TECHNICAL COLLABORATION WITH AN INTERNATIONAL CO
NEW PLANT WILL HAVE AN INITIAL ANNUAL PRODUCTION CAPACITY OF 24,000 POWER MODULES
PLANT WILL RAMP UP ITS PRODUCTION CAPACITY TO 2.4 LAKH POWER MODULES ANNUALLY
Source text for Eikon: ID:nNSEb5nTVX
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Bagged Order Of 1400 Dc Fast EV Chargers From Indian Oil Corporation And Other Ev Charger OEM's
March 1 (Reuters) - Servotech Power Systems Ltd SERO.NS:
BAGGED ORDER OF 1400 DC FAST EV CHARGERS FROM INDIAN OIL CORPORATION AND OTHER EV CHARGER OEMS
ORDER WORTH 1.11 BILLION RUPEES
Source text for Eikon: ID:nNSE2lJfWT
Further company coverage: SERO.NS
(([email protected];))
March 1 (Reuters) - Servotech Power Systems Ltd SERO.NS:
BAGGED ORDER OF 1400 DC FAST EV CHARGERS FROM INDIAN OIL CORPORATION AND OTHER EV CHARGER OEMS
ORDER WORTH 1.11 BILLION RUPEES
Source text for Eikon: ID:nNSE2lJfWT
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Wins Order For 1500 Dc Fast Ev Chargers From HPCL, Other Oems
Feb 23 (Reuters) - Servotech Power Systems Ltd SERO.NS:
WINS ORDER FOR 1500 DC FAST EV CHARGERS FROM HPCL, OTHER OEMS
ORDER VALUED AT 1.02 BILLION RUPEES, INVOLVES TWO CHARGER VARIANTS OF 60 KW AND 120 KW
Source text for Eikon: ID:nNSE27Qf0p
Further company coverage: SERO.NS
(([email protected];))
Feb 23 (Reuters) - Servotech Power Systems Ltd SERO.NS:
WINS ORDER FOR 1500 DC FAST EV CHARGERS FROM HPCL, OTHER OEMS
ORDER VALUED AT 1.02 BILLION RUPEES, INVOLVES TWO CHARGER VARIANTS OF 60 KW AND 120 KW
Source text for Eikon: ID:nNSE27Qf0p
Further company coverage: SERO.NS
(([email protected];))
India's Servotech Power Systems up after $14 mln order win
** Shares of India's Servotech Power Systems SERO.NS up 5% at 86.30 rupees
** Electrical components and equipment maker wins order worth 1.2 bln rupees ($14.4 mln) from oil marketing firm BPCL BPCL.NS
** Stock eyes fifth straight session of gains
** About 1.1 mln shares changed hands by 12:22 p.m. IST, nearly twice of 30-day avg
** So far this year, stock has risen 13%; SERO was up for the fourth consecutive year in 2023
($1 = 83.1110 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
** Shares of India's Servotech Power Systems SERO.NS up 5% at 86.30 rupees
** Electrical components and equipment maker wins order worth 1.2 bln rupees ($14.4 mln) from oil marketing firm BPCL BPCL.NS
** Stock eyes fifth straight session of gains
** About 1.1 mln shares changed hands by 12:22 p.m. IST, nearly twice of 30-day avg
** So far this year, stock has risen 13%; SERO was up for the fourth consecutive year in 2023
($1 = 83.1110 Indian rupees)
(Reporting by Hritam Mukherjee in Bengaluru)
(([email protected];))
Servotech Power Systems Files Two Patents For EV Charger Technology
Dec 6 (Reuters) - Servotech Power Systems Ltd SERO.NS:
FILES TWO PATENTS FOR INNOVATIVE EV CHARGER TECHNOLOGY
Source text for Eikon: ID:nNSEMPmP8
Further company coverage: SERO.NS
(([email protected];))
Dec 6 (Reuters) - Servotech Power Systems Ltd SERO.NS:
FILES TWO PATENTS FOR INNOVATIVE EV CHARGER TECHNOLOGY
Source text for Eikon: ID:nNSEMPmP8
Further company coverage: SERO.NS
(([email protected];))
India's Servotech Power Systems rises on order win
** Shares of Servotech Power Systems SERO.NS rise as much as 5% to 79.10 rupees
** Co says it has secured order from Bharat Petroleum Corporation BPCL.NS to supply 2649 AC EV chargers, which will be installed across the country
** Electrical components and equipment maker did not disclose deal value
** More than 461,000 shares traded by 10:03 a.m. IST, 1.8x the 30-day avg
** Stock up 387.3% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of Servotech Power Systems SERO.NS rise as much as 5% to 79.10 rupees
** Co says it has secured order from Bharat Petroleum Corporation BPCL.NS to supply 2649 AC EV chargers, which will be installed across the country
** Electrical components and equipment maker did not disclose deal value
** More than 461,000 shares traded by 10:03 a.m. IST, 1.8x the 30-day avg
** Stock up 387.3% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
Servotech Power Systems Gets Order From BPCL For 2649 EV Chargers
Nov 22 (Reuters) - Bharat Petroleum Corporation Ltd BPCL.NS:
GETS ORDER FROM BPCL FOR 2649 EV CHARGERS
Source text for Eikon: ID:nNSE69q0t1
Further company coverage: BPCL.NS
(([email protected];))
Nov 22 (Reuters) - Bharat Petroleum Corporation Ltd BPCL.NS:
GETS ORDER FROM BPCL FOR 2649 EV CHARGERS
Source text for Eikon: ID:nNSE69q0t1
Further company coverage: BPCL.NS
(([email protected];))
India's Servotech Power Systems Ltd Sept-Quarter Consol Net Profit Rises
Oct 30 (Reuters) - Servotech Power Systems Ltd SERO.NS:
INDIA'S SERVOTECH POWER SYSTEMS LTD SEPT-QUARTER CONSOL NET PROFIT 31.2 MILLION RUPEES VERSUS PROFIT 7.8 MILLION RUPEES
SERVOTECH POWER SYSTEMS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 859.3 MILLION RUPEES VERSUS 401.6 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: SERO.NS
(([email protected];))
Oct 30 (Reuters) - Servotech Power Systems Ltd SERO.NS:
INDIA'S SERVOTECH POWER SYSTEMS LTD SEPT-QUARTER CONSOL NET PROFIT 31.2 MILLION RUPEES VERSUS PROFIT 7.8 MILLION RUPEES
SERVOTECH POWER SYSTEMS LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 859.3 MILLION RUPEES VERSUS 401.6 MILLION RUPEES
Source text for Eikon: [ID:]
Further company coverage: SERO.NS
(([email protected];))
Servotech Power Systems Signs MoU With Emcor Power Solutions
Oct 13 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SIGNS MOU WITH EMCOR POWER SOLUTIONS
MOU TO ESTABLISH 1000 EV CHARGING STATIONS IN INDIA
EMCOR POWER SOLUTIONS COMMITS TO PROVIDING CO WITH 1000 CHARGE POINT OPERATOR SITES IN INDIA
Further company coverage: SERO.NS
(([email protected];))
Oct 13 (Reuters) - Servotech Power Systems Ltd SERO.NS:
SIGNS MOU WITH EMCOR POWER SOLUTIONS
MOU TO ESTABLISH 1000 EV CHARGING STATIONS IN INDIA
EMCOR POWER SOLUTIONS COMMITS TO PROVIDING CO WITH 1000 CHARGE POINT OPERATOR SITES IN INDIA
Further company coverage: SERO.NS
(([email protected];))
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What does Servotech Renewable do?
Servotech Power Systems Limited manufactures and sells a wide range of power products including inverters, UPS systems, stabilizers, LED lights, and solar products under various brand names in multiple regions with turnkey services.
Who are the competitors of Servotech Renewable?
Servotech Renewable major competitors are Orient Electric, Optiemus Infracom, ICE MakeRefrigeratio, IFB Industries, Elin Electronics, Singer India, BPL. Market Cap of Servotech Renewable is ₹3,515 Crs. While the median market cap of its peers are ₹1,332 Crs.
Is Servotech Renewable financially stable compared to its competitors?
Servotech Renewable seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Servotech Renewable pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Servotech Renewable latest dividend payout ratio is 46.1% and 3yr average dividend payout ratio is 32.55%
How has Servotech Renewable allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Servotech Renewable balance sheet?
Balance sheet of Servotech Renewable is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Servotech Renewable improving?
Yes, profit is increasing. The profit of Servotech Renewable is ₹31.43 Crs for TTM, ₹11.76 Crs for Mar 2024 and ₹11.04 Crs for Mar 2023.
Is the debt of Servotech Renewable increasing or decreasing?
Yes, The net debt of Servotech Renewable is increasing. Latest net debt of Servotech Renewable is ₹32.59 Crs as of Mar-25. This is greater than Mar-24 when it was -₹59.7 Crs.
Is Servotech Renewable stock expensive?
Servotech Renewable is not expensive. Latest PE of Servotech Renewable is 107, while 3 year average PE is 120. Also latest EV/EBITDA of Servotech Renewable is 63.83 while 3yr average is 68.18.
Has the share price of Servotech Renewable grown faster than its competition?
Servotech Renewable has given better returns compared to its competitors. Servotech Renewable has grown at ~51.07% over the last 2yrs while peers have grown at a median rate of 14.54%
Is the promoter bullish about Servotech Renewable?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Servotech Renewable is 58.97% and last quarter promoter holding is 59.19%
Are mutual funds buying/selling Servotech Renewable?
There is Insufficient data to gauge this.