Symphony Stock

The BSE Smallcap index is trading lower for the fourth straight day, quoting at its lowest level since September 30, 2025.

Along with the results, Symphony's board has also declared the third interim dividend of Rs 2 (100 per cent) per equity share with a face value of Rs 2 each for the financial year 2024-25

Symphony hit an over six-year high at Rs 1,748, as it rallied 17% in intra-day trade, extending its previous two-day surge after the company announced buyback at Rs 2,500 per share.

The uptick in the stock price came after the company posted a strong set of numbers in the June quarter. The board also announced a dividend and share buyback, which further fuelled the stock rally.

Outlook on Nifty smallcap stocks: Delta Corp, Eris Life, Praj and Usha Martin can rally up to 28 per cent, while Symphony may witness a corrective move in the near-term; suggests technical charts.

According to the technical analyst from Anand Rathi, Symphony may give decent gains in the coming 3 to 4 weeks.

The management expects gross margin on domestic sales for FY22 to be back to normal margin of around 50 per cent

The acquisition is in line with Symphony's strategic plan of expanding its international reach, extending to industrial cooling solutions and launching technology-driven coolers