THIS company shares surge as it inks pact to expand solar, EV charger business in Mauritius – Details here

Shares of Servotech Renewable Power System jumped over 4 per cent on Monday, September 15, 2025. The scrip started the trading session in green at Rs 133.90 on the National Stock Exchange (NSE).

The counter had closed at Rs 132.65. The counter gained further to touch the high of Rs 137.98, representing a gain of 4.01 per cent from the closing price of the last trading session.

Share Price History

Despite a recent correction, Servotech Renewable Power System has a strong track record, having delivered a multibagger return of 5,250 per cent in five years. While the stock has fallen 19.72 per cent year-to-date, its past performance instills confidence in its future potential.

Gets Order From BIAL

Earlier, the company received an order from Bengaluru International Airport Limited (BIAL) to install ultra-fast EV chargers at Kempegowda International Airport.

Each charger will have a capacity of 240 kW and will enhance the e-transport operational efficiency at the airport, the company said in a statement.

Servotech Renewable Power System has received an order to install 10 ultra-fast direct current electric vehicle (DC EV) chargers of 240 kW each at Kempegowda International Airport for airside EV operations, it said.

“This positions the installation as first and biggest of its kind EV charging hub for airside EV operations in an Indian airport enabling fast turnaround times and significantly enhance the airport’s e-transport operational efficiency,” it said.

As part of the initiative the charging station will be strategically located within the airport premises to charge electric buses used for passenger transport between terminals and aircraft, and facilitate 24/7 airside EV operations further contributing to the reduction of the airport’s transport carbon emissions.

Share Market Today

Benchmark equity indices Sensex and Nifty recorded marginal gains in early trade on Monday but later faced highly volatile trends and were quoting flat amid profit-taking after a sharp rally last week.

Markets are awaiting outcome of this week’s US Federal Reserve policy meeting.

The 30-share BSE Sensex went up by 93.81 points to 81,998.51 in early trade. The 50-share NSE Nifty edged higher by 24.45 points to 25,138.45. Later, the BSE benchmark quoted 10.06 points down at 81,904.31, and the Nifty traded 12.65 points lower at 25,099.90.

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