{"id":342763,"date":"2026-11-10T10:18:39","date_gmt":"2026-11-10T04:48:39","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=342763"},"modified":"2026-11-10T10:18:39","modified_gmt":"2026-11-10T04:48:39","slug":"syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/","title":{"rendered":"Syrma SGS Share Price: 40.1% CAGR in 3 Years as This EMS Player Takes On Dixon and Netweb"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Syrma_SGS_Share_Price_401_CAGR_in_3_Years_as_This_EMS_Player_Takes_On_Dixon_and_Netweb\" title=\"Syrma SGS Share Price: 40.1% CAGR in 3 Years as This EMS Player Takes On Dixon and Netweb\">Syrma SGS Share Price: 40.1% CAGR in 3 Years as This EMS Player Takes On Dixon and Netweb<\/a><ul class='ez-toc-list-level-2' ><li class='ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#How_Much_Has_the_Syrma_SGS_Share_Price_Returned_in_3_Years\" title=\"How Much Has the Syrma SGS Share Price Returned in 3 Years?\">How Much Has the Syrma SGS Share Price Returned in 3 Years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Syrma_SGS_vs_Dixon_Technologies_and_Netweb_Technologies_3-Year_CAGR_Compared\" title=\"Syrma SGS vs Dixon Technologies and Netweb Technologies: 3-Year CAGR Compared\">Syrma SGS vs Dixon Technologies and Netweb Technologies: 3-Year CAGR Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Valuation_and_Quality_Compared\" title=\"Valuation and Quality Compared\">Valuation and Quality Compared<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#What_Is_Driving_the_Syrma_SGS_Stock\" title=\"What Is Driving the Syrma SGS Stock?\">What Is Driving the Syrma SGS Stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#How_the_Established_Players_Stack_Up\" title=\"How the Established Players Stack Up\">How the Established Players Stack Up<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#What_Should_Investors_Track_Next\" title=\"What Should Investors Track Next?\">What Should Investors Track Next?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#How_to_Compare_Electronics_Manufacturing_Stocks_Yourself\" title=\"How to Compare Electronics Manufacturing Stocks Yourself\">How to Compare Electronics Manufacturing Stocks Yourself<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#A_Fast_Growing_Manufacturer_in_a_Policy_Supported_Space\" title=\"A Fast Growing Manufacturer in a Policy Supported Space\">A Fast Growing Manufacturer in a Policy Supported Space<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#What_is_the_Syrma_SGS_share_price_today\" title=\"What is the Syrma SGS share price today?\">What is the Syrma SGS share price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#What_is_the_3-year_CAGR_of_the_Syrma_SGS_stock\" title=\"What is the 3-year CAGR of the Syrma SGS stock?\">What is the 3-year CAGR of the Syrma SGS stock?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Is_Syrma_SGS_better_than_Dixon\" title=\"Is Syrma SGS better than Dixon?\">Is Syrma SGS better than Dixon?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#What_does_Syrma_SGS_Technology_do\" title=\"What does Syrma SGS Technology do?\">What does Syrma SGS Technology do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Is_the_Syrma_SGS_stock_debt_free\" title=\"Is the Syrma SGS stock debt free?\">Is the Syrma SGS stock debt free?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Is_Syrma_SGS_expensive_compared_with_the_industry\" title=\"Is Syrma SGS expensive compared with the industry?\">Is Syrma SGS expensive compared with the industry?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#Which_electronics_manufacturing_stock_gave_the_highest_return_in_3_years\" title=\"Which electronics manufacturing stock gave the highest return in 3 years?\">Which electronics manufacturing stock gave the highest return in 3 years?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/syrma-sgs-share-price-3-year-cagr-vs-electronics-manufacturing-peers-dixon-netweb\/#How_do_I_calculate_CAGR_for_a_stock\" title=\"How do I calculate CAGR for a stock?\">How do I calculate CAGR for a stock?<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"Syrma_SGS_Share_Price_401_CAGR_in_3_Years_as_This_EMS_Player_Takes_On_Dixon_and_Netweb\"><\/span><strong>Syrma SGS Share Price: 40.1% CAGR in 3 Years as This EMS Player Takes On Dixon and Netweb<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Syrma SGS previous close Rs 1,462. 3-year CAGR 40.1%. Up 2.8x since 9 Nov 2023. ROE 13.85%. Market cap Rs 28,192 crore.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The <strong>Syrma SGS share price<\/strong> closed at Rs 1,462 on 9 November 2026, a compounded annual return of 40.1% over three years. That compares with Dixon Technologies at 33.4% and Netweb Technologies at 70.7%. The company has a market cap of Rs 28,192 crore and a P\/E of 61.35 against an industry P\/E of 64.23.<\/p>\n<\/p><\/div>\n<p>The <strong>Syrma SGS share price<\/strong> has been one of the busier names in Indian electronics manufacturing. Syrma SGS Technology, the Chennai-based electronics manufacturing services company that listed in 2022, builds products for industrial, automotive, healthcare and consumer customers, and its stock has more than doubled over three years.<\/p>\n<p>We compare that run with Dixon Technologies and Netweb Technologies, two other well known names in the space. The article calculates three-year CAGR for all three and sets the results beside market cap, valuation, return on equity and debt, with prices adjusted for corporate actions.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=syrma-sgs-share-price\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_Much_Has_the_Syrma_SGS_Share_Price_Returned_in_3_Years\"><\/span><strong>How Much Has the Syrma SGS Share Price Returned in 3 Years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Syrma SGS stock closed at Rs 531.35 on 9 November 2023 and at Rs 1,462.00 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 2.75 lakh, which is a CAGR of 40.1%. This is a price return and leaves out dividends.<\/p>\n<p>CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Syrma SGS can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.<\/p>\n<p>The <strong>Syrma SGS share price<\/strong> has also drawn attention because of the push to manufacture electronics in India, which has widened the order books of contract manufacturers.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Syrma_SGS_vs_Dixon_Technologies_and_Netweb_Technologies_3-Year_CAGR_Compared\"><\/span><strong>Syrma SGS vs Dixon Technologies and Netweb Technologies: 3-Year CAGR Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.<\/p>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Close on 9 Nov 2023<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Previous close (9 Nov 2026)<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Price multiple<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">3-year CAGR<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Netweb Technologies<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 771.80<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 3,839.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">5.0x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">70.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Syrma SGS Technology<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 531.35<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 1,462.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.8x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">40.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Dixon Technologies<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 5,305.85<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 12,603.00<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">2.4x<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">33.4%<\/td>\n<\/tr>\n<\/table>\n<p>The Syrma SGS stock ranks second of the three at 40.1%. It sits ahead of Dixon Technologies (33.4%). The company ahead is Netweb Technologies (70.7%). Netweb leads the group, with Syrma SGS in second place and Dixon, the largest of the three by market cap, in third. All three compounded at a healthy pace, so the order reflects the size of the starting base as much as business quality.<\/p>\n<p>Look at the <strong>Syrma SGS share price<\/strong> alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Valuation_and_Quality_Compared\"><\/span><strong>Valuation and Quality Compared<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;margin:14px 0;\">\n<tr>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Company<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Market cap<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">ROE<\/th>\n<th style=\"border:1px solid #bbb;padding:6px 10px;background:#EBF3FB;text-align:left;\">Debt to equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/dixon\/dixon-technologies-%28india%29-ltd-share-price-today\">Dixon Technologies<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 77,092 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">44.12<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">45.38<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">26.38%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.21<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/syrma\/syrma-sgs-technology-ltd-share-price-today\">Syrma SGS Technology<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 28,192 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">61.35<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">64.23<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">13.85%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.27<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\"><a href=\"https:\/\/univest.in\/stocks\/netweb\/netweb-technologies-india-ltd-share-price-today\">Netweb Technologies<\/a><\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">Rs 22,835 crore<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">62.41<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">31.28<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">17.39%<\/td>\n<td style=\"border:1px solid #bbb;padding:6px 10px;\">0.16<\/td>\n<\/tr>\n<\/table>\n<p>By market cap, Dixon Technologies is the largest of the group at Rs 77,092 crore, while the Syrma SGS stock stands at Rs 28,192 crore, about 37% of that size. On earnings, Syrma SGS shares trade at a P\/E of 61.35 against an industry P\/E of 64.23, a discount of about 4% to the sector, which leaves room if earnings keep growing. Peer multiples are Dixon Technologies at 44.12 and Netweb Technologies at 62.41.<\/p>\n<p>Return on equity is 13.85% for the Syrma SGS stock, which ranks third among the three, and debt to equity stands at 0.27. Trailing EPS is Rs 23.83. Electronics manufacturers often carry high multiples when order books are growing, so the P\/E should be read together with return on equity and the pace of earnings growth.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_the_Syrma_SGS_Stock\"><\/span><strong>What Is Driving the Syrma SGS Stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Syrma SGS Technology designs and manufactures electronic products for other companies. Its work spans printed circuit board assembly, RFID tags, magnetics and box build products for automotive, industrial, healthcare and consumer clients.<\/p>\n<p>A manufacturer with several end markets is less tied to the cycle of one customer group. The company has also been adding capacity and capabilities, such as new product lines, to win larger and more complex orders.<\/p>\n<p>Followers of the <strong>Syrma SGS share price<\/strong> usually track order wins, capacity additions, margins and the share of revenue from newer segments such as automotive and healthcare electronics.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_the_Established_Players_Stack_Up\"><\/span><strong>How the Established Players Stack Up<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Dixon Technologies is the largest home grown electronics manufacturing services player, making televisions, mobile phones, appliances and lighting for leading brands. It compounded at 33.4% a year, on a market cap of Rs 77,092 crore and an ROE of 26.38%.<\/p>\n<p>Netweb Technologies builds high performance computing systems and servers for research, enterprise and government customers. It compounded at 70.7% a year, on a market cap of Rs 22,835 crore and an ROE of 17.39%.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Track_Next\"><\/span><strong>What Should Investors Track Next?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Three things are worth watching on the <strong>Syrma SGS share price<\/strong>. First, the order book and the pace at which it converts into revenue. Second, margins as the company scales into more complex products. Third, working capital needs, since contract manufacturing ties up money in inventory.<\/p>\n<p>At a P\/E of 61, the stock already prices in strong growth. A three-year CAGR describes the past, so size any position accordingly.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live fundamentals of electronics stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Compare_Electronics_Manufacturing_Stocks_Yourself\"><\/span><strong>How to Compare Electronics Manufacturing Stocks Yourself<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>You can repeat this exercise for any pair of stocks, including the Syrma SGS stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P\/E against the industry P\/E, ROE and debt to equity. Benchmark the result against the <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> as well, so you know whether the stock beat the broader market.<\/p>\n<p>A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the <strong>Syrma SGS share price<\/strong>, the same four checks give a more complete picture than price alone.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track the <strong>Syrma SGS share price<\/strong> and compare electronics stocks live.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"A_Fast_Growing_Manufacturer_in_a_Policy_Supported_Space\"><\/span><strong>A Fast Growing Manufacturer in a Policy Supported Space<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Syrma SGS share price<\/strong> compounded at 40.1% a year over three years, ahead of Dixon at 33.4% and behind Netweb at 70.7%. Its ROE of 13.85% sits below Dixon at 26.38% and Netweb at 17.39%.<\/p>\n<p>Dixon brings scale and a higher ROE, Netweb brings a focused computing niche, and Syrma SGS brings a diversified customer base. Matching the choice to your risk appetite matters more than the highest number in the table.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Syrma_SGS_share_price_today\"><\/span><strong>What is the Syrma SGS share price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Syrma SGS Technology closed at Rs 1,462 on 9 November 2026, according to NSE data. It has a market cap of Rs 28,192 crore and a P\/E of 61.35. Check live quotes before acting, as prices change every trading day.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_3-year_CAGR_of_the_Syrma_SGS_stock\"><\/span><strong>What is the 3-year CAGR of the Syrma SGS stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Syrma SGS Technology delivered a price CAGR of 40.1% over three years, moving from Rs 531.35 on 9 November 2023 to Rs 1,462.00 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Syrma_SGS_better_than_Dixon\"><\/span><strong>Is Syrma SGS better than Dixon?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The Syrma SGS stock delivered a higher three-year CAGR at 40.1% than Dixon at 33.4%. Dixon is larger by market cap at Rs 77,092 crore and has the higher ROE at 26.38% against 13.85%. The better choice depends on whether you prefer scale or faster recent growth.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Syrma_SGS_Technology_do\"><\/span><strong>What does Syrma SGS Technology do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Syrma SGS Technology is a Chennai-based electronics manufacturing services company that makes printed circuit board assemblies, RFID products and box build products for industrial, automotive, healthcare and consumer customers.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Syrma_SGS_stock_debt_free\"><\/span><strong>Is the Syrma SGS stock debt free?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The debt to equity ratio of the Syrma SGS stock is 0.27 and its return on equity is 13.85%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Syrma_SGS_expensive_compared_with_the_industry\"><\/span><strong>Is Syrma SGS expensive compared with the industry?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Syrma SGS trades at a P\/E of 61.35 against an industry P\/E of 64.23. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_electronics_manufacturing_stock_gave_the_highest_return_in_3_years\"><\/span><strong>Which electronics manufacturing stock gave the highest return in 3 years?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Among the companies compared here, Netweb Technologies delivered the highest three-year CAGR at 70.7%, followed by Syrma SGS Technology at 40.1%. Past returns do not guarantee future performance.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_I_calculate_CAGR_for_a_stock\"><\/span><strong>How do I calculate CAGR for a stock?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is the Syrma SGS share price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Syrma SGS Technology closed at Rs 1,462 on 9 November 2026, according to NSE data. It has a market cap of Rs 28,192 crore and a P\/E of 61.35. 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See how it compares with Dixon Technologies and Netweb on returns, valuation and ROE.<\/p>\n","protected":false},"author":35,"featured_media":342762,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[21447,21448,21445,21446],"class_list":["post-342763","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-electronics-manufacturing-stocks-india","tag-ems-stocks-3-year-return","tag-syrma-sgs-share-price","tag-syrma-sgs-vs-dixon"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["342762"],"rank_math_title":["Syrma SGS Share Price: 40.1% CAGR vs Dixon, Netweb"],"rank_math_description":["Syrma SGS share price compounded at 40.1% a year over 3 years. 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