Syrma SGS Share Price Hits Record High After JV Deal

Syrma SGS Technology share price (NSE: SYRMA) rose nearly 10% to an all-time high of ₹988.

• The stock gained 15% in 2 trading sessions.
• Trading volumes jumped sharply, showing strong investor interest.

Joint Venture Triggers Rally

The rally followed the completion of a joint venture with Elemaster S.p.A Tecnologie Elettroniche.

Key details of the JV:

• Syrma will hold 60% stake, Elemaster 40% stake.
• The partnership aims to expand into high-value and complex electronics.
• Syrma will invest around ₹33 crore.
• Revenue target: ₹200 crore by FY27, with potential to reach ₹400 crore by FY28.

This collaboration combines global engineering expertise with India’s manufacturing scale.

Strong Outlook for the EMS Sector

• Electronics exports have risen sharply over the past decade.
• Support from PLI incentives, global supply-chain shifts and outsourcing is driving long-term growth.

This creates strong opportunities for EMS companies like Syrma.

Growth Guidance from Management

The company expects strong business momentum ahead.

• Q4FY26 revenue expected to cross ₹1,600 crore.
• FY26 revenue likely to reach ₹5,000 crore.
• FY27 target: 30% growth in revenue and EBITDA with 10% margins.
• Export revenue target: ₹1,100 crore.

Read More: Suzlon Energy Share Price in Focus; Gains Momentum Amid Renewable Demand and Geopolitical Tailwinds! 

Conclusion

Syrma SGS is gaining investor confidence due to its global JV, strong export trends and ambitious growth plans. 

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