Market Performance
Servotech Power Systems share price witnessed fresh buying interest in today’s session. The stock opened at ₹133.90 on the BSE, moved to a day’s high of ₹137.98, and touched an intraday low of ₹132.11. The upward momentum kept the counter in focus throughout the trading hours.
The News That Moved the Stock
The rally in Servotech Power Systems came after the company confirmed a binding agreement with Enovra Energy Solutions Limited, a Mauritius-based renewable energy player.
Under this pact:
- Servotech will supply EV chargers and solar solutions to Enovra.
- Enovra will distribute and deploy these solutions across Mauritius and nearby regions.
- The partnership is positioned as a long-term, stable collaboration ensuring scalability for both sides.
This strategic move marks Servotech’s stronger push into the global renewable energy market, where demand for sustainable energy infrastructure continues to grow.
Company Expansion Story
Enovra Energy Solutions will act as the exclusive representative of Servotech in Mauritius. The collaboration gives Servotech direct access to the country’s renewable energy ecosystem, while Mauritius gains access to India-manufactured EV chargers and solar solutions.
The partnership ensures:
- Local distribution supported by manufacturer-backed technical assistance.
- Broader adoption of economical solar and EV charging solutions.
- Alignment with Mauritius’s clean energy transition goals.
For Servotech, this isn’t just a business deal—it’s another step toward international expansion and a larger green footprint worldwide.
Why This Matters?
This agreement strengthens Servotech’s role in the renewable energy space while highlighting its ambitions beyond India. By establishing a presence in Mauritius, the company is not only expanding its customer base but also contributing to the global adoption of green technologies.
The company’s Managing Director, Raman Bhatia, underlined the significance of this milestone, pointing out that Servotech’s mission goes beyond business—it’s about delivering sustainable solutions and connecting international communities through clean energy.
Servotech Power Systems Share Price Today
- BSE Opening Price: ₹133.90
- Day’s Low: ₹132.11
- Day’s High: ₹137.98
The stock’s movement reflects market optimism after the Mauritius deal, with traders and investors keeping a close watch on further developments.
Summary
- Servotech Power Systems share price moved higher after announcing a definitive agreement with Enovra Energy Solutions Limited of Mauritius.
- The company will supply EV chargers and solar solutions for deployment in Mauritius and nearby regions.
- Enovra will act as the exclusive representative of Servotech in Mauritius, driving clean energy accessibility.
- On the BSE, Servotech stock traded between ₹132.11 and ₹137.98, after opening at ₹133.90.
This collaboration not only boosts Servotech’s global presence but also aligns with its long-term vision of building a sustainable and connected world.
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