India's Servotech climbs on EV charger deal with French firm
20/02/2025 04:10
** Shares of Servotech Renewable Power System SERO.NS rise
2.8% to 124.8 rupees
** The electrical components maker signed an agreement with
France-based electronics equipment maker Watt & Well
** Deal to develop and manufacture EV charger components in
India
** Co did not mention the financial terms of the deal
** Stock has gained 3% so far this week
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))
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