Servotech share price: Solar, EV stock jumps 10% in one month. Should you buy amid this rally?
Servotech share price: Small-cap solar and electric vehicle (EV) stock Servotech Renewable Power has been in an uptrend off late, led by back-to-back order wins and acquisitions. These updates have piqued investor interest in the small-cap stock, driving it 10% higher in just a month.
The majority of the gains have come in September, with the solar and EV stock closing in the red in August and July following a 19% rally in June.
Servotech share price gained over 2.5% to the day’s high of ₹137.25 on the NSE today, amid another order win for the company. Despite the latest bout of gains, the stock remains 33% below its 52-week high of ₹205.40 hit in September last year, while it has jumped 41% from its 52-week low of ₹97.55, hit on…
