India's Servotech Power rises on EV charging partnership with German firm

Servotech Renewable Power System

09/12/2024 06:29

** Shares of EV charging solutions provider Servotech Power
Systems  SERO.NS  rise as much as 4% to 189.67 rupees, hitting
their highest in about a month; last up 2.7%
    ** Co partners with electronics co LESSzwei GmbH to develop
solar-powered EV charging infrastructure for e-bikes, scooters
in Germany
    ** Stock up ~144% so far this year, on track for fifth
straight year of gains
    ** YTD, rival HPL Electric & Power  HPLE.NS  up ~136%


 (Reporting by Dimpal Gulwani in Bengaluru)
 ((dimpal.gulwani@thomsonreuters.com))