Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Syrma SGS Technology Limited ( (IN:SYRMA) ) has shared an update.
Syrma SGS Technology Limited has commenced the construction of a new PCB manufacturing facility in Andhra Pradesh, marking a significant step in its expansion strategy. This facility, developed through a joint venture with South Korea’s Shinhyup Electronics, is expected to create over 1,000 jobs and enhance India’s electronics manufacturing ecosystem. The collaboration aims to combine Shinhyup’s engineering expertise with India’s manufacturing capabilities, positioning Syrma SGS as a key player in the high-growth electronics sector.
More about Syrma SGS Technology Limited
Syrma SGS Technology Limited is a prominent Indian Electronic Systems Design and Manufacturing company with over 30 years of experience. It serves more than 270 customers in over 20 countries, offering a wide range of services including Product Design, Assembly, Quick Prototyping, and Tester Development Services. The company has a significant manufacturing presence across India and R&D centers in India and Germany, with a strong focus on EMS and OEM solutions.
Average Trading Volume: 112,514
Technical Sentiment Signal: Buy
Current Market Cap: 158.3B INR
For a thorough assessment of SYRMA stock, go to TipRanks’ Stock Analysis page.