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Mint

Multibagger Servotech Power Systems stock rises 5% on order for 11 public EV charging stations

The company will manage the entire project execution, from planning and design to final installation. This includes developing a comprehensive plan for the installation of EV charging stations at each RTO location, ensuring optimal placement and capacity

The Economic Times

Servotech Power enrols with 62 discoms under PM Surya Ghar Muft Bijli scheme

In February, Prime Minister Narendra Modi announced the scheme, which aims to light up one crore households by installing rooftop solar equipment and providing up to 300 units of free electricity every month. Over 1.28 crore registrations have been made and around 14 lakh applications received under the scheme for rooftop installations.

Mint

Servotech Power shares hit lifetime high after giving technical breakout. More steam left?

Stock market Today: Servotech Power Systems share price gained 10% on Tuesday to life time high. Empowering consumers with subsidized Solar Solutions, Servotech has been enrolled with 62 DISCOMs under PM Surya Ghar Muft Bijli Yojana. The stock has given technical breakout. Is there more steam left?

Business Standard

JM Financial PE invests Rs 40 crore in Zoff to boost brand building efforts

JM Financial Private Equity through its arm JM Financial India Growth Fund III on Wednesday invested Rs 40 crore in Asquare Foods and Beverages, the parent company of the direct-to-consumer spice brand Zoff. The fresh capital infusion from JM Financial Private Equity will be used to strengthen brand-building efforts, enhance the existing production capacities, and bolster the company's offline distribution network, the company said statement. "We strongly believe that Zoff can emerge as one of the leading spices brands in the future," Darius Pandole, Managing Director & CEO of Private Equity & Equity AIFs at JM Financial said. Zoff was founded by brothers Akash and Ashish Agrawal. JM Financial Private Equity, part of the JM Financial Group, manages several funds that focus on providing growth capital to high-potential Indian companies. **** Servotech to install 12 EV charging stations in Kerala Servotech Power Systems Ltd on Wednesday said it will install 12 EV charging ...