New Delhi, Sept. 10 -- NSE-listed EV stock Servotech Renewable Power System soared over 7 percent 8 percent in intra-day deals to Rs.142.93 on Wednesday, September 10, extending gains for the fourth straight session after the company announced that it has signed an exclusive strategic partnership with Zhuhai Piwin New Energy.
"Servotech Renewable Power System Limited has entered into an exclusive strategic partnership with Zhuhai Piwin New Energy Co., Ltd. (Pilot Group), China. The collaboration will focus on technology support and local manufacturing of advanced Battery Energy Storage Systems (BESS) in India, fully aligned with the Government's 'Make in India' mission," it said in a press release.
The EV stock has risen almost 16 perce...
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