Servotech wins 900 kW solar rooftop order from UP Rural Development

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

+2.3%Reaction day

₹96.95

prior close

₹100.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.1%+3.4% vs market

Other Electrical Equipment peers, median of 50sector-1.1%+3.4% vs sector

On the reaction day the stock moved 3.4 pts more than Nifty Microcap 250 and 3.4 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

-0.7

10m

+1.7

15m

+1.0

30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+2.3-1.1+3.4-1.1+3.4

Next day

+3.6-0.5+4.1-1.4+5.1

+3.4-0.1+3.6-1.6+5.0

+2.9-1.3+4.3-2.9+5.8

+0.4-2.0+2.4-3.3+3.7

-0.3-1.6+1.3-3.5+3.3

-4.0-1.5-2.4-4.9+0.9

15d

-12.7+2.9-15.6-0.8-11.8

-14.8+3.4-18.2-3.8-11.0

-25.3+2.5-27.8-6.0-19.3

-29.7-0.1-29.6-11.3-18.3

UpDownMarket · Nifty Microcap 250Sector · Other Electrical Equipment peers, median of 50Pending

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

AI summary

Servotech Renewable Power System has secured a domestic order from UPSRLM, Rural Development Department Uttar Pradesh, for a 900 kW grid-connected rooftop solar project across 12 locations. Scope includes design, supply, installation, commissioning and maintenance of hybrid solar plants with battery storage. Execution timeline is 6 months.

Likely market impact

Government order boosts near-term revenue visibility in solar rooftop segment. Positive for order book; execution must complete within 6 months.