Servotech Renewable Share Price Surges 19% Amid Market Slump After Errol Musk’s Visit

On June 3, 2025, Servotech Renewable Power System share price surged 19% to ₹146, reaching a 3-month high, even as the broader stock market continued to fall. The rally came as a surprise, considering the market had been in decline for three straight sessions.

Errol Musk’s Visit Sparks Investor Optimism

The sharp rise in Servotech's stock followed the arrival of Errol Musk, father of Tesla CEO Elon Musk, in India on June 1 for a 5-day visit. Errol Musk is part of Servotech’s Global Advisory Board, and his visit is expected to help drive strategic partnerships for the company’s solar and electric vehicle (EV) charging businesses.

During his visit, he will tour the company’s facilities, attend roundtable discussions with key government and investor groups, and offer insights to support the company’s ‘Vision 2027’ — a roadmap to expand globally and become a renewable energy leader.

Global Expansion and Social Media Push

Servotech said that Errol Musk will also help promote the company through media events and on his personal social media platforms. His role will focus on guiding strategic direction, connecting with policymakers, and attracting global investors.

Read More, Inox Wind Share Price Drops for the 2nd Day on June 3; Know the Reason Behind the Fall.

Strong Financials and New Orders

Investor sentiment was also boosted by Servotech’s strong performance in the March quarter. The company’s net profit more than doubled to ₹7.71 crore, thanks to higher revenue. In April, Servotech also bagged a ₹15 crore, 4.1 MW solar project from Indian Railways.

Despite currently trading below its all-time high of ₹205 (touched in September 2025), the stock has seen massive long-term gains — up 2,200% in 3 years and 13,500% in 5 years.

Conclusion

Servotech’s recent share price rally reflects rising investor confidence driven by Errol Musk’s visit, global growth plans, and robust financials. With its focus on green energy and EV infrastructure, the company continues to gain attention as a promising small-cap player in India’s renewable energy sector.

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