Archive · 21 Nov 2025
Solar EV Stock Rebounds on Railway Order
A solar and electric vehicle component maker, Servotech Renewable Power System, saw its stock price go up after getting a big order from a railway company.
The order is for a solar project that will be part of a big railway complex in Noida.
Servotech's stock has done really well since it started trading in 2021, but it's been going down this year.
Servotech Renewable Power System received a ₹16.31 crore order from Railway Energy Management Company Ltd
The order is for a ground-mounted and rooftop on-grid solar project
Servotech's stock rebounded from its intraday low of ₹95.60 to ₹96.91
The project is part of the Dedicated Freight Corridor Corporation of India Limited (DFCCIL) Complex in Noida
Servotech's share price has given investors over 3,711% returns since listing in 2021
- Who
- Servotech Renewable Power System
- What
- Received a ₹16.31 crore order for a solar project
- When
- 21 November 2025
- Where
- Dedicated Freight Corridor Corporation of India Limited (DFCCIL) Complex in Noida
- Why
- To install ground-mounted and rooftop on-grid solar power plants
- Order Value
- ₹16.31 crore
- Project Type
- Ground-mounted and rooftop on-grid solar project
- Client
- Railway Energy Management Company Ltd
- Stock Performance (since listing)
- Over 3,711% returns
- Stock Performance (YTD 2025)
- 42.73% loss
- Market Capitalization (as of 21 Nov 2025)
- ₹2,169.24 crore
