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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

+1.1%Reaction day

₹69.80

prior close

₹69.77

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+0.8% vs market

Other Electrical Equipment peers, median of 48sector+0.5%+0.6% vs sector

On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 0.6 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

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10m

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15m

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30m

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Sessions after the filingfrom the prior close

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Reaction day

+1.1+0.3+0.8+0.5+0.6

Next day

+11.2+4.5+6.6+4.6+6.6

+9.0+4.5+4.6+5.4+3.7

+14.6+6.7+7.9+7.4+7.2

+16.4+6.6+9.8+8.0+8.5

+20.1+9.3+10.8+12.5+7.7

+23.9+11.9+11.9+16.1+7.7

15d

+39.6+14.6+25.0+19.2+20.5

+37.7+19.5+18.2+20.3+17.4

+42.1+16.5+25.6+12.6+29.5

+42.6+25.3+17.3+13.9+28.6

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 48Pending

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

AI summary

Servotech Renewable Power System has secured an order from Oil Marketing Companies (OMCs) and Public Sector Undertakings (PSUs) for the supply, installation, and commissioning of EV chargers across various locations in India. The order covers 375 units of 60 kW EV chargers and 48 units of 120 kW EV chargers. The order is domestic, with standard contractual terms, and execution will be as per the contract timeline. The company has confirmed no related party interest in the awarding entities. No monetary value of the order has been disclosed in the filing.

Likely market impact

This is a positive development for Servotech as it adds order book visibility from reputed government-owned clients, reinforcing its position in India's EV charging infrastructure space. However, the lack of a disclosed order value limits the ability to gauge the financial impact on revenue and stock price.