Syrma SGS Rises on Korean JV

  Published 1 year ago

Syrma SGS shares gain for fifth session after JV with Korea’s Shinhyup to manufacture multi-layer printed circuit boards.

  • Stock up 1.6%, trading above 100- and 200-day moving averages since May, signaling sustained bullish momentum.
  • Analysts’ average rating remains “buy”; median price target of ₹613 suggests 11.5% downside from current price.
  • Shares up 17% year-to-date, reflecting strong investor confidence in electronics manufacturing growth potential.

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