Servotech Renewable Power System Limited has informed the Exchange about Bagging/Receiving of orders/contracts

Govt Defence OrderBusiness Updates View source PDF Explain this filing

SERVOTECH · price

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Price reactionminutes from the announcement price · days from the prior close

+3.5%Reaction day

₹124.69

prior close

₹126.12

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%+3.5% vs market

Other Electrical Equipment peers, median of 36sector+0.6%+2.8% vs sector

On the reaction day the stock moved 3.5 pts more than Nifty Microcap 250 and 2.8 pts more than its Other Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.9

10m

+1.9

15m

+3.0

30m

+3.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.5-0.1+3.5+0.6+2.8

Next day

+1.1+0.2+0.8+0.6+0.4

+0.6-0.4+1.0+0.3+0.3

+3.1-0.5+3.6-1.2+4.3

-0.1-2.2+2.1-2.4+2.3

-1.8-2.9+1.1-2.2+0.4

+0.3-1.8+2.2-1.0+1.4

15d

+8.5+0.3+8.3+3.9+4.6

+5.6+1.5+4.1+3.7+2.0

-1.4-0.5-0.9+1.1-2.4

-22.1-1.3-20.8+4.5-26.6

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 36Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Servotech Renewable Power System has won a domestic order worth INR 28.84 crore from the Jaipur Division of North Western Railway. The scope covers supply, installation, testing, and commissioning of a 7.3 MW on-grid solar rooftop power plant. The project must be completed within 6 months from the date of the Letter of Award. The order is a domestic government contract with no related party involvement and no promoter interest in the awarding entity.

Likely market impact

This is a positive development as it adds a sizable government-backed order to Servotech's order book, strengthening revenue visibility in the near term. The 6-month execution window means the full revenue impact will likely be reflected over the next two-to-three quarters.