Multibagger solar stock surges 4%, nears record high with 12,182% returns in 5 years—do you own it?
Live MintMultibagger stock: One small-cap stock has delivered mouth-watering returns in the last few years. Servotech Power Systems share price jumped 4 per cent in intraday trade on Monday, December 9. Servotech Power Systems share price trend The multibagger solar stock, which hit a 52-week low of ₹73 on December 21 last year, has shown a remarkable recovery since then. Servotech Power Systems news In an exchange filing on Monday, December 9, the company, who claims to be largest EV charger manufacturer, announced its partnership with German firm LESSzwei GmbH to develop 100 per cent solar-powered EV charging infrastructure for micro-mobility in Germany. "India’s largest EV charger manufacturer has entered into a strategic partnership with LESSzwei GmbH, a globally acting German enterprise that supports the German Government in achieving its objectives in the field of sustainable development in the infrastructure sector, to develop and deploy innovative 100 per cent solar-powered EV charging infrastructure for micro-mobility, such as e-bikes, e-scooters, and e-cargo bikes in urban areas of Germany," said the company.