Syrma SGS Technology Ltd
BSE: 543573 NSE: SYRMA
Cmp : 505.15 , Stop Loss : 456
High 705, Low 306
ALL TIME HIGH 705 , ALL TIME LOW 248
Roce – 10% , Roe – 6.81,
Promoter 46.89% , FII 10.32% , DII 6.44 , Public 36.35%
Target : 20% to 30%
Note : This week up by 33%
Stock weak below : 406
Risk : Stock is trading at 5.46 times its book value
In August 2022, Syrma SGS made its debut on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), making it a promising entrant in India’s rapidly expanding EMS sector. The company is well-positioned to capitalize on India's push toward self-reliance in electronics manufacturing and the growing demand for high-quality, locally manufactured electronics.
CHART : - BIG BREAK OUT CANDLE WITH TRIPPLE SUPPORT TAKEN AT LOWER LEVEL SEEN.
FINANCIAL :-
Robust Order Book: Of the 3,800 crores in orders the corporation has, 20% are for exports. Forty-five to fifty percent of the order book is from the consumer business. The company's product will be enhanced by the robust order book and the increasing need for data analytics.
More about Company :-
Syrma SGS Technology Ltd. is an Indian electronics and manufacturing company specializing in the design, manufacture, and testing of high-quality electronic products and precision-engineered metal parts. Established in 1978 and headquartered in Chennai, Syrma SGS has become a major player in India's electronics manufacturing services (EMS) industry. The company serves diverse sectors, including automotive, industrial, healthcare, telecom, and consumer electronics.
Key Areas of Focus
- Printed Circuit Board Assemblies (PCBA): Syrma SGS produces PCBs for a wide range of applications, including medical devices, industrial equipment, and consumer electronics.
- RFID Tags & Magnetic Products: The company manufactures Radio-Frequency Identification (RFID) tags, which are widely used in logistics, supply chain, and inventory management.
- Electromechanical Components: Syrma SGS provides solutions for automotive, medical, and telecom industries, supplying parts like coils and transformers.
- Memory Modules & USB Flash Drives: The company manufactures and assembles memory modules, USB drives, and other data storage products for various electronic applications.
- Metal Enclosures & Sheet Metal Components: Syrma also specializes in precision-engineered metal parts, used in electronics and industrial manufacturing.
Notable Features
- Manufacturing Capabilities: Syrma SGS has multiple manufacturing facilities in India, including locations in Tamil Nadu and Haryana, equipped with advanced technology to handle complex electronic assembly processes.
- R&D Focus: The company invests in research and development to design customized products based on client specifications.
- Global Presence: Though based in India, Syrma SGS serves global clients and partners in the U.S., Europe, and Asia.
CLIENTS / PARTNER Etc.,
Industries Catering : -
Analyst - Ragesh Shah
info@smartinvestment.in
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