New Delhi, Aug. 29 -- Shares of Servotech Renewable Power System, a multibagger green energy stock, will be in focus on Monday after the company announced the signing of a Joint Venture (JV) Agreement with BEKEM Infra Projects Private Limited. The partnership has been established to jointly participate in government-led renewable energy initiatives, including rooftop solar and allied infrastructure projects under flagship schemes such as the PM Surya Ghar: Muft Bijli Yojana.

According to the company's filing, the JV will combine the strengths of both partners to execute renewable energy projects at scale. By leveraging expertise and resources, the collaboration aims to capture emerging opportunities driven by government-led clean energy ...