New Delhi, June 3 -- Servotech Renewable Power System share price in focus: Shares of Servotech Renewable Power System (formerly Servotech Power Systems Ltd.), a manufacturer of EV chargers, solar products, and power backup solutions, jumped 19% on Tuesday, June 3, hitting a 3-month high of Rs.146 apiece, even as the broader Indian stock market continued to decline for the third straight session.

The sharp rally in the stock followed the arrival of Errol Musk, father of billionaire Elon Musk, who owns Tesla, SpaceX, and the microblogging platform X-in India on Sunday, June 1, for a five-day visit.

During his stay, Musk is expected to provide strategic advisory support to Servotech's solar and EV charging division, with the aim of "forgi...