India's Servotech Power rises on EV charging partnership with German firm
09/12/2024 06:29
** Shares of EV charging solutions provider Servotech Power
Systems SERO.NS rise as much as 4% to 189.67 rupees, hitting
their highest in about a month; last up 2.7%
** Co partners with electronics co LESSzwei GmbH to develop
solar-powered EV charging infrastructure for e-bikes, scooters
in Germany
** Stock up ~144% so far this year, on track for fifth
straight year of gains
** YTD, rival HPL Electric & Power HPLE.NS up ~136%
(Reporting by Dimpal Gulwani in Bengaluru)
((dimpal.gulwani@thomsonreuters.com))
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