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Focus This ₹91 Electric Vehicles Charger Making Share; Share Will Double In Future?

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Servotech Power Systems Ltd (NSE: SERVOTECH): Today, in this post we’ll discuss about Servotech Power Systems latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

In fact, in the meeting of the board members of the solar energy and EV charging solutions company held on April 8, 2024, the conversion of 30 lakh warrants into equity shares was considered and approved. 

The company has disclosed in an exchange statement that its board has voted to approve the allocation of shares in equity to Minerva Venture Funds and Forbes EMF according to warrants that were given in January.

The committee allotted 15 lakh shares to the US-based FII Minerva Ventures Fund and Mauritius-based Forbes EMF. The company’s shares climbed more than 3% intraday today and reached Rs 94.

Status Of The Company’s Shares

Smallcap stocks that are less than Rs 100 closed at 91.50. The NSE-listed stock reached an intraday high of Rs. 94 which was up by nearly 3 percent.

The shares of Servotech Power Systems have risen 29 percent over the past six months. This share has given a tremendous return of 320 percent in 1 year. Shares of Servotech Power Systems have risen more than 3,521 percent in the last 5 years.

Servotech Power Systems’ stocks are trading higher than the 5-day, 20-day, and 200-day moving mean. Its 52-week high price is Rs 108.70 and its 52-week low price is Rs 21.78. 

The market value of the company has increased to the sum of Rs 1,979.25. According to the brokerage, this share can go up to Rs 112 in the coming days.

About Servotech Power Systems Ltd  

Servotech Power Systems Limited is an Indian-based business that is involved in the manufacturing process from beginning to end, distribution, and acquisition of a wide range of innovative solar-powered medical devices, solar panels, and energy-efficient lighting solutions. 

The company also participates in the manufacture of inverters that are powered by solar. The products of the company include Electric Vehicle (EV) Chargers and Light-emitting diodes (LEDs), Power and Backup, Solar Products, and many others.

Its EV Charger includes Spark Series (AC Charger) and Squad Series (DC Charger). It’s available for commercial and domestic LEDs.

The Solar Products offered by the company comprise solar panels, solar battery modules for solar energy management, assistance, and PCUs.

Fundamental Analysis of Servotech Power Systems Ltd

Market Cap₹ 1,967 Cr.
Current Price₹ 91.50
52-wk High₹ 109
52-wk Low₹ 21.8
Stock P/E141
Book Value₹ 4.15
Dividend0.04 %
ROCE17.7 %
ROE16.8 %
Face Value₹ 1.00
P/B Value22.3
OPM8.28 %
EPS₹ 0.66
Debt₹ 47.3 Cr.
Debt to Equity0.54

Servotech Power Systems Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹100₹138
2025₹145₹184
2026₹174₹225
2027₹228₹241
2028₹284₹322
2029₹341₹384
2030₹388₹425
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Servotech Power Systems Shareholding Pattern

Promoters Holding
Mar 202360.60%
June 202360.60%
Sept 202360.60%
Dec 202360.60%
Jan 202461.37%
FII Holding
Mar 20239.40%
June 20239.42%
Sept 20238.86%
Dec 20234.82%
Jan 20244.74%
Public Holding
Mar 202329.99%
June 202329.97%
Sept 202330.53%
Dec 202334.58%
Jan 202433.90%
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Servotech Power Systems Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 88 Cr
2020₹ 86 Cr
2021₹ 86 Cr
2022₹ 134 Cr
2023₹ 281 Cr

Last 5 Years’ Net Profit:

2019₹ 3 Cr
2020₹ 1 Cr
2021₹ 1 Cr
2022₹ 4 Cr
2023₹ 14 Cr

Last 5 Years’ Debt-To-Equity Ratio:

2019
2020
20210.64
20220.41
20230.51
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Last 10 Years’ Profit Growth:

10 Years:41%
5 Years:22%
3 Years:130%
Current Year:134%

Last 10 years’ Return on Equity (ROE):

10 Years:11%
5 Years:9%
3 Years:11%
Last Year:17%

Sales Growth Over 10 Years:

10 Years:25%
5 Years:17%
3 Years:43%
Current Year:43%

Conclusion

This article is a complete guide about Servotech Power Systems Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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