India's Servotech Power Systems rises after contract win

Servotech Renewable Power System

28/11/2024 09:17

** 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)
 ((nishit.navin@thomsonreuters.com;))