Servotech Lands Massive Order for EV Chargers! Should you buy near all time high?

Big Win for Servotech  – Servotech secures a ₹111 crore order for 1400 DC fast chargers. – This includes orders from Indian Oil Corporation (IOCL) and other EV OEMs. – Two charger variants: 60 kW and 120 kW.

Further Expansion  – Servotech has secured additional orders totaling ₹333 crore. – This includes supplying chargers to HPCL, BPCL, and other OEMs.

Further Expansion  – Order breakdown 1500 DC fast chargers for HPCL and others.  1800 DC fast chargers for BPCL.  2649 AC chargers for BPCL. 

Market Impact – This surge strengthens Servotech's position in the EV market. – Makes EVs more accessible and accelerates sustainable mobility in India.

Servotech Future Growth Potential – Servotech is a key player in India's EV charging infrastructure development. – The company's growth reflects the promising future of the EV sector.