Syrma SGS Technology rises on incorporating wholly owned subsidiary company

15 Dec 2023 Evaluate

Syrma SGS Technology is currently trading at Rs. 669.70, up by 9.00 points or 1.36% from its previous closing of Rs. 660.70 on the BSE.

The scrip opened at Rs. 666.65 and has touched a high and low of Rs. 673.70 and Rs. 661.05 respectively. So far 43804 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 673.70 on 15-Dec-2023 and a 52 week low of Rs. 248.30 on 30-Jan-2023.

Last one week high and low of the scrip stood at Rs. 673.70 and Rs. 608.00 respectively. The current market cap of the company is Rs. 11890.21 crore.

The promoters holding in the company stood at 47.21%, while Institutions and Non-Institutions held 19.77% and 33.02% respectively.

Syrma SGS Technology has incorporated a wholly owned subsidiary company (WOS) named ‘Syrma Strategic Electronics’ (SSEPL) on December 13, 2023. SSEPL intends to carry on the business of designers and manufacturers, buyers, sellers, assemblers, exporters, importers, distributors, agents and dealers in memory chips, memory modules, PCB assemblies and other storage products, printers, readers magnetic or otherwise, CRT displays and terminals and all other electronic and communication equipment and parts, components, assemblies and subassemblies to be used in the computer and electronic industry including voice coils, voice coil actuator assembly, antenna coils, smart cards and radio frequency identification devices.

Syrma SGS Technology is a technology-focussed engineering and design company engaged in turnkey electronics manufacturing services (EMS), specialising in precision manufacturing for diverse end-use industries, including industrial appliances, automotive, healthcare, consumer products and IT industries.

Syrma SGS Technology Share Price

527.65 -8.10 (-1.51%)
22-Nov-2024 16:59 View Price Chart
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Syrma SGS Technology 527.65
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