If we look at the business model of the company, then there is a lot of scope for growth in the company's business in the future. The business of solar power and solar auto rickshaws of the company will be seen to grow well in the future.
At present the company's product production capacity is 3 lakh pieces per month. The company is a Delhi base company and has a unit at Sonipat Haryana. But in the coming time, the company management will be seen working on another unit to increase the production capacity of its products.
If this happens, then along with the sales growth of the company, a good boom can also be seen in the stock of the company. Servotech Power Systems share price target can be seen in the range of Rs 220 to Rs 245 in 2030 amid market fluctuations.