Servotech Renewable bags ₹5.75cr solar project from Northern Railway
Servotech Renewable Power Systems just landed a ₹5.75 crore contract from Northern Railway's Moradabad Division to install a 1.2MW rooftop solar system on residential buildings.
The project covers everything from design to maintenance for 10 years and is set to wrap up within the next 12 months.
Servotech's role in India's green transition
Servotech isn't just about solar panels—they're also making moves in electric vehicle charging, helping push India's clean energy transition forward.
Projects like this boost their role in renewable infrastructure and show how homegrown companies are shaping the country's green future.
Impressive financials and stock performance
The company has been on a roll: in Q1 FY26, revenue jumped 21.99% to ₹137.16 crore, while profits were marginally up from ₹4.49 crore to ₹4.55 crore.
Over the past five years, their stock has skyrocketed by over 6,300%, and they've bounced back strong from recent lows—pretty impressive for anyone watching India's green economy take off.