This solar company made investors rich with its excellent returns, get complete information

This Solar Company Made Investors Rich with Its Excellent Returns

Servotech Power Systems Limited, a leading renewable energy solutions manufacturer in India, has recently unveiled an advanced lineup of solar products in New Delhi. This innovative range includes on-grid inverters, hybrid inverters, micro inverters, battery energy storage systems, and solar pump controllers.

The new products aim to bolster government initiatives like PM Surya Ghar Muft Bijli Yojana and PM-KUSUM Yojana, facilitating the establishment of residential and commercial rooftops while promoting sustainable agricultural practices.

Main Features of the Company’s Product

Servotech’s offerings include on-grid inverters ranging from 1 kW to 100 kW and hybrid inverters from 2 kW to 22.5 kW. Their battery energy storage systems are available from 1.2 kWh to 15 kWh, perfect for domestic needs. Additionally, the company provides solar pump controllers for water pumps between 2 HP and 10 HP, as well as micro inverters of 800W and 1600W.

Shares and Financial Performance

The company’s shares closed at approximately ₹168.17, with a market cap of ₹3,748.58 crore. Servotech has achieved impressive multibagger returns of over 115% in the past year, making it a favorite among investors. In Q1FY25, Servotech reported revenue of ₹97.51 crore, showcasing a significant increase from ₹68.14 crore the previous year.