Archive · 1 Jul 2025
Servotech Shares Jump on Airport EV Charger Order
Imagine a company that makes chargers for electric vehicles.
Their stock price went up 4% because they got a big order from the Bengaluru airport!
The airport wants a special charging station with very fast chargers for electric buses.
This helps the airport reduce pollution.
The company's stock has been doing well lately, and investors are excited about the future of electric vehicles.
Servotech Renewable Power System shares increased 4% on Tuesday, July 1, 2025.
The rise followed an order from Bengaluru International Airport (BIAL).
The order is for an EV charging station with ten ultra-fast DC chargers.
The station will have a total capacity of 2.4 MW.
The stock gained nearly 19% in June.
- Who
- Servotech Renewable Power System and Bengaluru International Airport.
- What
- Servotech Renewable Power System shares increased in value.
- When
- Tuesday, July 1, 2025.
- Where
- Indian stock market and Bengaluru International Airport.
- Why
- Due to an order to install an EV charging station.
- Company
- Servotech Renewable Power System
- Stock Change
- Up 4% intraday
- Order
- EV charging station at Bengaluru Airport
- Chargers
- 10 ultra-fast DC chargers
- Charging Station Capacity
- 2.4 MW
- June Gain
- 19%