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CLSA initiated coverage on Syrma SGS Technology with a 'Buy' rating and a target price of Rs 645 which is 24 percent higher than the company's closing price on March 6 of Rs 520.

CLSA starts coverage on Syrma SGS with 'buy' rating, 24% upside

Outlay hiked and MEITY gets more funds for allocation to PLI scheme

India Budget gives a big push to semiconductor, electronics manufacturing

Syrma SGS Technology Ltd. engages in electronic designing and manufacturing services. It manufactures various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies adapters, fiber optic assemblies, magnetic induction coils and RFID products and other electronic products. The firm operates through segments including Electronic Manufacturing Services and Others. The company was founded in 1970 and is headquartered in Chennai, India.

Volume (M)	208,615.00
52-Wk High	705.20
52-Wk Low	285.10

Current Price	474.00
Prev Close	474.20
Open	477.00
Dividend Yield	0.57%
50-Day Moving Average	501.01
Beta	-0.79
Avg. Volume	654,037.00
PE Ratio	72.97

52-Week High	705.20
52-Week Low	285.10
Market Capitalization	84.02B
EPS	6.48
Price to Book	5.33
Revenue Per Employee	3.33M
Enterprise Value/EBITDA	61.55

SYRMA.NSE Syrma SGS Technology Ltd.

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