JPMorgan Lifts Syrma SGS Target to ₹950

  Published 7 months ago

JPMorgan upgrades Syrma SGS, targeting a 950 rupee price, forecasting a 30% revenue CAGR till 2028 annually.

  • PT raised to 950 rupees, implying 32% upside from last close, maintaining an overweight stance by
  • Projected 30% revenue CAGR FY25‑28, driven by industrial and automotive segments, third‑fastest EMS growth globally
  • 10 billion‑rupee QIP at 699 rupees, boosting EPS forecasts 5‑9% and possible acquisition upside for shareholders

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