Syrma Technology

ACME Solar, Aegis Logistics, Aegis Vopak Terminals, Apar Ind, Ipca Labs, Laurus Labs, Shyam Metalics and Welspun Corp from the BSE 500 index also hit their respective 52-week highs in Tuesday's trade.

Thus far this month, the market price of Syrma rallied 15 per cent, and hit a record high of ₹1,676.15 on September 8, 2026.

A total of 36 stocks from the Nifty Smallcap 500 index gained between 5-9%, another 38 stocks rose 4% each, 35 added 3% each and 38 stocks were up 2 per cent each in Monday's intra-day trade.

HSBC had earlier upgraded Indian equities to "Neutral" from "Underweight" and raised its 2026-end target for the BSE Sensex index to 84,000 levels.

The government extended customs duty concessions on a range of machinery and components used in electronics manufacturing until March 31, 2029.

Syrma has entered into a JV with Japan-based Kaga Electronics to establish a technologically advanced EMS manufacturing facility in India focused on serving Japanese customers.

Syrma SGS share price: The stock price of Syrma SGS Technology has more-than-doubled or zoomed 101 per cent from its January 2026 low of ₹634.15 on the BSE.

Going forward, Syrma believes that the company is well poised to capitalize on the emerging opportunities and grow healthy growth rate across all verticals.

Analysts believe that the EMS industry is a key component of India's broader electronics ecosystem and has shown strong growth in recent years

JP Morgan expects strong growth across the EMS universe, projecting a 20 per cent revenue CAGR over the next two years (30 per cent excluding Dixon)

Motilal Oswal estimates a 30 per cent compound annual growth rate (CAGR) in aggregate revenue of their EMS coverage companies over FY25-28.

BSE, Hitachi Energy, GE Vernova, Syrma SGS, Force Motors, HBL Engineering and Laurus Labs have gained more than 50% each after these companies reported over 50% growth in profit in Q1 and Q2 of FY26.

Syrma SGS Technology shares rose 6 per cent after it reported positive September quarter earnings and signed an agreement to acquire a 60 per cent majority stake in Elcome Integrated Systems

The Indian government has approved the first batch of seven projects totaling over ₹5,500 crore under ECMS i.e. electronics components manufacturing scheme.

The company has a strong domestic presence in the combustible and electric vehicle segment , as well as in industrial electronics equipment manufacturing

Amber and Syrma are primarily targeting printed circuit board (PCB) manufacturing, while Dixon is focused on backward integration in mobile value chains, specifically camera and display modules.

Kunal Kamble, senior technical research analyst at Bonanza, has recommended buying shares of Syrma SGS Technology, Deepak Fertilisers, and Apollo Tyres today

Syrma SGS Technology shares rose after it signed a JV with Italy's Elemaster S.p.A Tecnologie Elettroniche

JPMorgan initiated coverage on six EMS stocks, rating Syrma, Dixon, and Kaynes 'Overweight', Amber and Cyient DLM 'Neutral', and Avalon 'Underweight'

Syrma SGS Technology share price ose 5.1 per cent, logging a 52-week high at ₹682.7 per share on Thursday. The scrip rallied for the second session and gained nearly 10 per cent in two days