
Multibagger Share: 7500 percent return in 5 years i.e. 75 times the money..it is difficult to even imagine but everything is possible in the stock market. One stock has shown such a return in a period of 5 years. The stocks that give such high returns in the stock market are called multi-bagger stocks. The stock of Sarvotech Power Systems has also proved to be a multi-bagger. The stock of Sarvotech Power Systems has given a return of about 142 percent since last year. At the same time, this stock has given a return of 112 percent since the beginning of this year.
The money increased year after year.
Shares of Servotech Power Systems have climbed 35 percent this month in September. The stock has been rising for four consecutive months. The stock has given a return of more than 15% in August, 40.3 percent in July, and about 11 percent in June. However, the stock saw a decline at the beginning of the year. The stock rose 10.5 percent in April but fell again in the months of March and May but since then the stock has been rising continuously.
What is the business of the company?
Servotech Power Systems Limited is a company that manufactures chargers for electric vehicles. The company also manufactures inverters, UPS, stabilizers, LED lights, and other products. Servotech Power Systems has received a major contract from Bangalore Electricity Supply Company Limited (BESCOM) to set up 11 DC fast EV charging stations across Karnataka. The company is working towards rapidly developing charging stations for electric vehicles.