40x Returns in 2.5 Yrs; Brokerage are Positive, Recent Order of 120 Cr., Continous Upper Circuit after Budget

The shares of this small-cap company working in the solar products and electric vehicles field have been showing positivity for the last few days. Investors are continuously buying in it, due to which the stock is going into back-to-back upper circuits.

Recently, Finance Minister Nirmala Sitharaman presented the interim budget in which she talked about promoting solar panels, electric vehicles (EV) and charging infrastructure. She said the government will expand the electric vehicle ecosystem to boost charging infrastructure. Additionally, use of e-buses instead of conventional buses will be encouraged for the public transport network.

After which a rise was seen in the shares of most of the companies working in this sector. Shares of Servotech Power Systems Ltd (NSE: SERVOTECH), which operates in both solar panel and electric vehicle (EV) charging infrastructure sectors, also gained momentum. On Friday, Servotech share closed at 99.85 with an upper circuit of 5 percent. Even before this, upper circuit was held on Thursday on the budget day. In fact, from Tuesday 30 January 2023 to Friday 2 February 2024, this stock is continuously in the upper circuit.

Brokerage are Positive for SERVOTECH

Stock analysts are also quite positive about the company. Analysts say that due to the electric vehicle ecosystem, this stock has gained so much momentum and it is likely to remain positive for the next few days. Experts say that this stock may face a hurdle at the level of Rs 100 but after crossing this hurdle, the share of Servotech can go up to the level of Rs 112 per share.

Recent Order of 120 Crores

Recently, Servotech Power Systems received an order of Rs 120 crore from Bharat Petroleum Corporation Limited (BPCL), under which SERVOTECH will manufacture, supply and install 1800 DC fast chargers for BPCL.

SERVOTECH Stock Surge 400 Percent in 10 Months

PeriodClosingGrowthReturns on ₹10k

The stock has increased by 403.53% in ten months, 397.26% in eleven months, and 311.24% within a year. In the last 12 months, it has increased investors’ money more than 4 times, that is, if you had invested ₹ 10,000 in it twelve months ago, today the value of those shares would have increased to ₹41,124.

More than 370 Percent Growth in 2023

MonthOpeningClosingGain/ Fall
Total Returns in 2023373.44%

Investors who invested in it in 2023 earned quite well returns. The share price of Servotech Power Systems Ltd. in January 2023 was trading at ₹16.19 and on the last trading day of the year, it closed at ₹76.65 with a gain of 373.44 percent.

₹10k Became ₹3.87 lakh in 2.5 Years

In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…

PeriodGrowthReturns on ₹10kCAGR
Listing Day3770%₹3.87 lakh351.75%
  • There has been an increase of 311 percent in a year and 817 percent in two years.
  • In the past two years, it has increased investors’ money by more than 8 times.
  • For investors who invested Rs 10,000 in it on listing day (3 September 2021), the value of those ₹10,000 shares has increased to ₹3.87 lakh today.
  • The CAGR growth of the stock since listing is 351.75 percent.

Servotech Performance since Listing (Year-wise)

YearOpenCloseGain/ Fall
EV charging solutions
Servotech Power Systems working in EV charging solutions

About the Company

Servotech Power Systems Limited is engaged in the business of high-end solar products, and electric vehicle chargers. It develops Ultra Fast DC Charger and Home AC Charger, LED, Oxygen Concentrator and many other UV-products.

Servotech Power Systems Limited Fundamental

Market Cap₹ 2,123 Cr.
Current Price₹ 99.8
High / Low₹ 100 / 16.5
Intrinsic Value₹ 6.03
Book Value₹ 4.15
Face Value₹ 1.00
ROCE17.7 %
ROE16.8 %
PEG Ratio5.94
EPS₹ 0.77
P/B Value24.1
Dividend Yield0.04 %
Stock P/E129
Industry PE50.1
OPM7.38 %
Quick Ratio2.06
Debt₹ 47.3 Cr.
Debt to equity0.54
Current liabilities₹ 53.2 Cr.
Current assets₹ 123 Cr.
NCAVPS₹ 4.87
Return on Assets8.80 %
Reserves₹ 67.0 Cr.
Cash Equivalents₹ 10.2 Cr.
Inventory₹ 13.3 Cr.
5/5 - (2 votes)

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