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An update from Syrma SGS Technology Limited ( (IN:SYRMA) ) is now available.
Syrma SGS Technology Limited has announced the acquisition of a 60% stake in Elcome Integrated Systems Private Limited for INR 235 crores as part of a strategic move to strengthen its operational capabilities. This acquisition includes Elcome’s subsequent acquisition of Navicom Technology International Private Limited, aiming to expand the company’s industry footprint and enhance its technological capabilities, potentially benefiting its stakeholders and market competitiveness.
More about Syrma SGS Technology Limited
Syrma SGS Technology Limited is a technology-driven company specializing in electronics manufacturing. They focus on providing end-to-end solutions, including design, manufacturing, and development services across various industries such as automotive, industrial appliances, and healthcare.
Average Trading Volume: 103,257
Technical Sentiment Signal: Hold
Current Market Cap: 138.7B INR
See more insights into SYRMA stock on TipRanks’ Stock Analysis page.