In every year since CY20, the stock has delivered a multi-bagger return. In CY20, CY21, and CY22, the stock generated returns of 194%, 247%, and 110.24%, respectively. In the recently concluded CY23, the stock achieved an impressive return of 382%.
Gujarat s EV ecosystem is expanding owing to investments in manufacturing, charging infrastructure, and battery technology. MG Motors, Maruti Suzuki, and Tata Motors has set up their plants in the state. Besides, public charging stations have also increased to over 600. Many startups are also contributing to the EV ecosystem of the state.
Servotech Power With Total Energies: Servotech Power Systems will be responsible for manufacturing, supplying and Installing AC EV Chargers at different Airports and other said locations, playing a key role in driving widespread EV charging solutions, the company said.