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Electric equipment stock jumps after being granted patent for Peak Shaving Technology

Electric equipment stock received a 20-year patent for Peak Shaving tech, boosting energy efficiency, ensuring grid stability, and strengthening its smart energy market position.
Electric stock got 20-year patent for tech boosting energy efficiency, grid stability.
Electric stock got 20-year patent for tech boosting energy efficiency, grid stability.

Introduction:

Electric equipment stock achieved a major milestone with a 20-year patent grant for its breakthrough Peak Shaving technology. This innovation enhances energy efficiency, promotes grid stability, and positions the company for accelerated growth in the rapidly advancing smart energy segment.

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Share Price movement of Servotech Renewable Power System:

On March 28, 2025, Servotech Renewable Power System Ltd opened at ₹126.00, reached a high of ₹128.38, up 1.23% from its previous close of ₹123.52, with a low of ₹124.85. The stock is currently trading at ₹125.04, with a market cap of ₹2,787.71 Crores.

Servotech Renewable Power System share price rise:

Servotech Renewable Power System Ltd has been granted 20 years of patent by the Indian Patent Office for its innovative System and Method for Peak Shaving. This technology optimizes electricity usage, enhancing energy efficiency and contributing to grid stability across sectors.

The evolution fortifies Servotech’s intellectual assets and confirms its continuous R&D investments. It is the company’s goal to provide affordable and intelligent energy products while working towards sustainability in the long run. The founder, Raman Bhatia, highlighted its part in creating the future-ready energy systems.

The patented technology is a competitive advantage in the market of clean energy for Servotech. The company has a strong protection of its IP, which means it is ready for a fast growth, market expansion and innovations, which will eventually increase the value of the company for its shareholders and its position in the smart energy market.

Also Read: BSE stock jumps 11% after NSE postpones shifting weekly expiry for derivatives

Ace investor holding of Servotech Renewable Power System:

Mahesh Dinkar Vaze holds a 3.63% stake in Servotech Renewable Power System Ltd, amounting to 8,100,000 shares valued at ₹101.1 crore. His steady investment underscores strong confidence in the company’s energy innovation capabilities and long-term potential in the green and electric equipment sector.

Pankaj Malik owns a 1.84% stake in Servotech Renewable Power System Ltd with 4,110,988 shares worth ₹51.4 crore. Despite a slight reduction of 0.03% from the previous quarter, his significant investment reflects strategic interest in the company’s growth within the renewable energy and smart power solutions space.

Stock performance of Servotech Renewable Power System for Period of 1 week, 6 months and 1 year:

Servotech Renewable Power System stock fell by 2.79% over the past week, reflecting short-term weakness. Over the last six months, it declined by 32.1%. However, the stock has delivered a strong yearly return of 59.2%, highlighting long-term investor confidence and recovery potential.

Also Read: Active Infrastructures: Active Infrastructures shares get listed flat at ₹181.

Shareholding pattern of Servotech Renewable Power System:

All values in %Dec-24Sep-24Jun-24
Promoters59.1959.3459.7
FII2.775.965.52
Retail & others38.0334.7134.77
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About Servotech Renewable Power System:

Servotech Renewable Power System Ltd (NSE: SERVOTECH) is a technology-driven company specializing in EV chargers, solar solutions, and innovative energy products. It focuses on sustainable energy advancements, offering efficient, eco-friendly solutions to meet growing demands in India’s clean energy and smart power infrastructure sectors.

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.

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