Multibagger shares: The share of Servotech Power Systems Ltd (NSE: SERVOTECH) was today in the spotlight on Wednesday. The company’s shares rose by 4.98% on the NSE today and trading at Rs 90.60.
The share of Servotech Power Systems opened with gains today. After the market opened, the share hit an upper circuit of 5 percent.
There was a big reason behind the rise in shares. The company has got an order of 120 crore rupees.
What’s The Order?
Let us tell you that small-cap stocks of less than ₹ 100 informed the Indian stock market about new orders from PSU company Bharat Petroleum Corporation Limited or BPCL.
The company announced the company BPCL had placed an order of around Rs 120 crore to purchase 1800 DC rapid chargers for electric vehicles.
The Rs 120 crore project will include servo tech manufacturing, supply, and installation.
Within the BPCL E-Drive initiative the 1800 EV chargers have been strategically installed at BPCL petrol stations throughout the nation, particularly in major cities, Servotech Power Systems said in its exchange filing.
254% Return In A Year
Let us tell you that the shares of Servotech Power Systems Limited have given multibagger returns in a year.
During this period, this stock has risen by 254%. Its price was Rs 24 a year ago. Its 52-week high price is Rs 100. It touched it on 21-Jun-2023.
In addition, the lowest price for 52 weeks is 16.48. The company touched it on 29-Mar-2023. The market cap of the company is Rs 1,835 Cr.
Brokerage has set a target of ₹106 And ₹138 for this share.
BPCL December Quarter Results
The total net profit of the public sector corporation Bharat Petroleum Corporation Limited (BPCL) for the third quarter (October-December) of the fiscal year 2023-24 has risen by 82 percent, reaching the amount of Rs 3,181.42 crore.
The company’s profits have increased due to higher-than-expected refining profits as well as higher margins on fuel sales.
Profits from the business during the same quarter of the previous year’s financial fiscal year totaled 1,747.01 crore.
The company’s earnings were lower than that of the prior quarter’s (July-September 2023) amount of 8.243.55 crore. 8,243.55 crore. Shares of BPCL had closed at Rs 502.70, up more than 2%.
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 | ₹ 1,835 Cr. |
| Current Price | ₹ 90.60 |
| 52-wk High | ₹ 100 |
| 52-wk Low | ₹ 16.48 |
| Stock P/E | 111.62 |
| Book Value | ₹ 4.15 |
| Dividend | 0.05 % |
| ROCE | 17.7 % |
| ROE | 16.8 % |
| Face Value | ₹ 1.00 |
| P/B Value | 20.8 |
| OPM | 7.38 % |
| EPS | ₹ 0.77 |
| Debt | ₹ 47.3 Cr. |
| Debt to Equity | 0.54 |
Servotech Power Systems Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹106 | ₹138 |
| 2025 | ₹143 | ₹176 |
| 2026 | ₹183 | ₹200 |
| 2027 | ₹222 | ₹232 |
| 2028 | ₹242 | ₹250 |
| 2029 | ₹265 | ₹370 |
| 2030 | ₹342 | ₹360 |
Servotech Power Systems Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of 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 | ₹ 311 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 3 Cr |
| 2020 | ₹ 1 Cr |
| 2021 | ₹ 1 Cr |
| 2022 | ₹ 4 Cr |
| 2023 | ₹ 16 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | — |
| 2020 | — |
| 2021 | 0.64 |
| 2022 | 0.41 |
| 2023 | 0.51 |
Last 10 Years’ Profit Growth:
| 10 Years: | 41% |
| 5 Years: | 22% |
| 3 Years: | 130% |
| Current Year: | 403% |
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: | 104% |
Conclusion
This article is a complete guide about Servotech Power Systems Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s prospects and growth potential.
This information will help you in your further investment.
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