January 22, 2025

Servotech Power Systems stock price

Servotech Power Systems promoter raises stake as firm records over 600% rise in net profits to ₹7.98 crore | Stock Market News

Servotech Power Systems promoter raises stake as firm records over 600% rise in net profits to ₹7.98 crore | Stock Market News

TheSpuzz Desk03 mins

Source: Live Mint Servotech Power Systems announced on Tuesday, January 21, that the company’s promoter raised its stake in the firm by converting share warrants into equity shares of the electrical equipment maker, as per the NSE filing. Company promoter Raman Bhatia has decided to convert 5 lakh share warrants into 5 lakh equity shares…

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Multibagger stock Servotech Power Systems soars 7,500% in 5 years, hits 5% upper circuit on preferential share issuance | Stock Market News

Multibagger stock Servotech Power Systems soars 7,500% in 5 years, hits 5% upper circuit on preferential share issuance | Stock Market News

TheSpuzz Desk15 mins

Source: Live Mint Shares of Servotech Power Systems hit their 5 percent upper circuit of ₹191.99, marking a record high following the company’s announcement of a fundraising initiative via preferential share issuance. The Board of Directors approved the issuance of warrants convertible into equity shares during a meeting held on September 23, 2024. The decision…

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