6400% rally in 5 years! Servotech Renewable Power System share price jumps 14% after THIS order update
Servotech Renewable Power System share price jumped over 14 per cent in intraday trade on the BSE on Wednesday, June 4, a day after the company announced an order win of ₹ 33.6 crore. The small-cap stock opened at ₹ 150.40 against its previous close of ₹ 147.26 and jumped 14.42 per cent to an intraday high of ₹ 168.50. Around 10:15 AM, the small-cap stock traded 13.40 per cent higher at ₹ 167.
On June 3, the company said it had secured an order of ₹ 33.6 crore from RNY Division for a grid-connected solar rooftop project.
"We are pleased to inform all our stakeholders that the company has secured a prestigious order for a 7.8MW grid-connected solar rooftop project from the Rangiya Division of the Northeast Frontier Railway," said the company.
The order includes the design, supply, installation, testing, and commissioning of a grid-connected rooftop solar power plant consisting of a monocrystalline panel, inverter, and remote monitoring system (SIM) at various sites of Rangiya Division. The order also includes a comprehensive five-year annual maintenance contract (AMC).
(This is a developing story. Please check back for fresh updates.)
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The Print
2 hours ago
- The Print
Sensex jumps over 700 points, Nifty reclaims 25,000-level as investors cheer RBI's jumbo rate cut
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Economic Times
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ET Market Watch: Sensex at 81K, Nifty Near 25K; RBI Rate Cut Hopes Boost Sentiment
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