EV stock Servotech Power Systems hits upper circuit after 15% rally
Mon, Jul 8, 2024 3:15 PM

EV stock Servotech Power Systems hits upper circuit after 15% rally

A Flip by Riya Sharma
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Servotech Power Systems' share price has surged over 15% in a month, from ₹84.50 to ₹97.43, with a 10% upper circuit on Monday. The EV charging solution provider has a market cap of ₹2,457 crore and a 52-week high of ₹107.55. The company recently launched a solar-powered EV charging carport and announced an ESOP scheme for employees, granting 20,094 options convertible to equity shares.

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