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Servotech Renewable Power bags prestigious order for 375+ EV chargers

News by Aliceblue News Desk

08 Apr 2026

Servotech Renewable Power bags prestigious order for 375+ EV chargers

Introduction

Leading renewable power company secured a domestic order from Oil Marketing Companies and PSUs for supply, installation, and commissioning of 423 EV chargers across India.

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Share price movement of Servotech Renewable

On April 07, 2026, Servotech Renewable Power System Limited opened at ₹67.92, down 1.99% from its previous close of ₹69.31. The stock reached a high of ₹71.43 (3.12%) and a low of ₹67.92 (-1.99%). By 4:00 PM, it traded at ₹70.67, a 1.96% increase, with a market cap of ₹1,594.02 crore.

Servotech Secures Major EV Order

Servotech Renewable Power System Limited has secured an order from Oil Marketing Companies and PSUs for the supply, installation, and commissioning of EV chargers across India. The order is domestic.

The contract includes 375 units of 60 kW chargers and 48 units of 120 kW chargers. The execution timeline will follow standard contract terms as specified by the awarding entities.

Stock performance of Servotech Renewable for period of 1 week, 6 months, and 1 year

Servotech Renewable Power System Limited delivered a 1-week return of 11.2%, a 6-month return of -45.4%, and a 1-year return of -38.9%.

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Shareholding pattern of Servotech Renewable

ParticularsDec 2025Sep 2025Jun 2025
Promoter58.60%58.70%58.70%
FII0.70%1.80%3.00%
DII0%0%0%
Public40.70%39.60%38.40%

About Servotech Renewable

Servotech Renewable Power System Ltd (NSE: SERVOTECH), incorporated in 2004, manufactures EV chargers, solar products, and power backup solutions, serving renewable energy and infrastructure sectors across India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Servotech Renewable Power System Limited share price rising today?

A: Servotech Renewable Power System Limited secured a domestic order from Oil Marketing Companies and PSUs for 423 EV chargers across India.

Q: What is Servotech Renewable Power System Limited’s main business focus?

A: Servotech Renewable Power System Limited manufactures EV chargers, solar products, and power backup solutions for renewable energy and infrastructure sectors.

Q: What are the 52-week high and low of Servotech Renewable Power System Limited stock?

A: Servotech Renewable Power System Limited stock has a 52-week high of ₹168.50 and a 52-week low of ₹57.51.

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