Shares of this EV charger manufacturing company gain following announcement to form subsidiary

Shares of Servotech Renewable Power System gained on Tuesday after the company shared details about the formation of its new subsidiary. The counter opened in green at Rs 129.50 on the National Stock Exchange (NSE) against the previous close of Rs 128.45. The scrip gained further to touch the intraday high of Rs 133, a jump of 2.7 per cent from the previous close. 

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