Servotech Renewable Power's Stock Price Up By 20% Today
By Ankur Chandra | Published at: Jun 3, 2025 05:03 PM IST
Mumbai | June 3, 2025: Servotech Renewable Power System Ltd (NSE: SERVOTECH) became one of the top gainers on the NSE as its shares hit a 20% upper circuit on Tuesday to close at ₹148.00. The stock rallied throughout the trading session until the 3:30 PM close. The rally was a result of unusually high volumes and a strong bullish sentiment. This move follows a prolonged period of consolidation and marks a potential breakout for the stock.
Stock Performance Snapshot
Servotech opened at ₹124.00 and climbed steadily to touch an intraday high of ₹148.00 before closing at the same price. The stock added ₹24.66 over the previous day’s close of ₹123.34.
Trading activity was notably high, with 1.09 Cr shares changing hands.
| Metric | Value |
|---|---|
| Open | ₹124.00 |
| Day’s High | ₹148 |
| Day’s Low | ₹123.42 |
| Close (03-Jun-2025) | ₹148 |
| VWAP | ₹140.11 |
| Price Gain | ₹24.66 |
| % Gain | 20% |
| Traded Volume | 1.09 Cr |
| Relative Strength Index | 49.59 |
Recent Price Trend: Strong Breakout After Consolidation
Over the past ten sessions, Servotech has traded within a narrow price band, ranging from ₹119 to ₹126. The spike on June 3 represents a clear breakout from this range, resulting from high volumes.
| Date | Open | High | Low | Close |
|---|---|---|---|---|
| 03-Jun-2025 | 124.00 | 148.00 | 123.42 | 148.00 |
| 02-Jun-2025 | 125.00 | 125.00 | 122.04 | 123.38 |
| 30-May-2025 | 124.50 | 119.60 | 119.61 | 119.61 |
| 29-May-2025 | 121.00 | 121.75 | 119.01 | 120.37 |
| 28-May-2025 | 121.60 | 122.44 | 120.00 | 121.17 |
| 27-May-2025 | 122.30 | 122.50 | 120.35 | 121.73 |
| 26-May-2025 | 124.00 | 125.00 | 121.50 | 123.35 |
| 23-May-2025 | 125.00 | 125.58 | 122.51 | 124.42 |
| 22-May-2025 | 125.65 | 125.98 | 124.00 | 125.76 |
| 21-May-2025 | 127.20 | 127.98 | 124.50 | 126.74 |
The breakout move on June 3 was accompanied by one of the highest trading volumes in recent weeks, highlighting fresh institutional or momentum-driven interest.
Market Capitalisation and Trading Metrics
With the latest rally, Servotech’s total market capitalisation rose to ₹3,194.01 crore, while the free float stood at ₹1,295.83 crore. The stock’s high P/E ratio of 84.90 and an annualised volatility of over 61% underscore its aggressive growth pricing.
| Metric | Value |
|---|---|
| Total Market Cap | ₹3,194.01 Cr |
| Free Float Market Cap | ₹1,295.83 Cr |
| P/E Ratio (TTM) | 84.90 |
| Annualised Volatility | 61.90% |
| Impact Cost | 0.26% |
| Face Value | ₹1 |
| 52-Week High (26-Sep-2024) | ₹205.40 |
| 52-Week Low (05-Jun-2024) | ₹75.50 |
| Daily Volatility | 3.24% |
| Applicable Margin | 26.13% |
| % Deliverable Quantity | 32.44% |
Financial Highlights
Servotech has reported consistent revenue and earnings growth over the past few quarters. For the quarter ended March 2025, standalone revenue was ₹12,674.03 lakh and net profit stood at ₹784.68 lakh. On a consolidated basis, revenue was ₹14,745.97 lakh with net profit of ₹771.63 lakh.
| Quarter Ended | Total Income (₹ Lakhs) | Net Profit (₹ Lakhs) | EPS (₹) |
|---|---|---|---|
| Mar-2025 | 12,674.03 (Standalone) | 784.68 | 0.35 |
| Dec-2024 | 18,185.68 | 949.91 | 0.43 |
| Sep-2024 | 18,275.74 | 1,137.77 | 0.51 |
| Jun-2024 | 9,775.48 | 474.33 | 0.21 |
Shareholding Structure
As of April 7, 2025, the company maintained a stable promoter holding of 58.92%, while the public held 41.08%, reflecting strong promoter confidence and steady retail participation.
| Category | Holding (%) |
|---|---|
| Promoters | 58.92 |
| Public | 41.08 |
| Employee Trusts | 0.00 |
Corporate Actions and Dividend History
Servotech has undertaken key shareholder-friendly actions over the past two years:
- Final Dividend: ₹0.05/share (Sep 2024)
- Final Dividend: ₹0.20/share (Sep 2023)
- Stock Split: From ₹2 to ₹1/share (Jul 2023)
- Interim Dividend: ₹0.20/share (Feb 2023)
These actions highlight the company’s focus on shareholder value and improving liquidity through sub-division of shares.
Strategic Outlook
With structural tailwinds in EV charging, smart power infrastructure, and renewable energy, Servotech Renewable Power operates in the Other Electrical Equipment segment. The business has maintained robust top-line growth and profitability despite its high value measures.
The June 3rd quick rally suggests a technical breakout, supported by the market. Both swing traders and long-term investors may become more interested in the stock if volumes continue to rise. Nonetheless, investors should continue to exercise caution due to the high price-to-earnings (P/E) ratio and historical price volatility.
REF: https://www.nseindia.com/get-quotes/equity?symbol=SERVOTECH
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