Syrma SGS Technology Ltd. (SYRMA) Share Price Rises 3.24% Today

Syrma SGS Technology Ltd. Share Price rises 3.24% to Rs 1,405.75, with a market cap of Rs 26,333.9 crore.

Syrma SGS Technology Ltd. Share Price rose by 3.24% today, reaching Rs 1,405.75. This significant price rise positions the company as a top gainer in the market. With a market capitalisation of Rs 26,333.9 crore, Syrma SGS Technology Ltd. is classified as a Large Cap stock. The company's share price today reflects a notable increase from the previous close of Rs 1,361.6.

The Electricals sector, where Syrma SGS Technology Ltd. operates, has shown varied performance, and today's rally in the company's share price highlights its potential within the industry. While the data confirms the price event, it does not establish a specific company-related catalyst for the rise. Investors and analysts will be keen to explore the technical and fundamental aspects that might have contributed to this movement.

Syrma SGS Technology Ltd. (SYRMA) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 1,405.75
Previous Close	Rs 1,361.6
Today's Change	+Rs 44.15 (+3.24%)
Day Open	Rs 1,362.55
Day High	Rs 1,408.6
Day Low	Rs 1,355
Current Volume (BSE)	63,321
BSE Traded Volume	63,321
NSE Traded Volume	5,25,453
Combined NSE + BSE Volume	5,88,774
Turnover	Rs 8.9 crore
Market Capitalisation	Rs 26,333.9 crore
Market Cap Category	Large Cap

Syrma SGS Technology Ltd. (SYRMA) traded at Rs 1,405.75. versus the previous close of Rs 1,361.6, a rise of 3.24%. The stock opened at Rs 1,362.55, reached Rs 1,408.6, touched Rs 1,355. Reported volume was 63,321.

Syrma SGS Technology Ltd. (SYRMA) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 26,333.9 crore

The sector benchmark data reveals a median P/E of 20.71 and an average P/E of 96.26, with a wide range from 1.44 to 2269.92. The P/B median is 2.71, with an average of 3.45. These benchmarks provide context for evaluating Syrma SGS Technology Ltd.'s valuation relative to its peers.

Investors will be interested in the company's revenue growth, profit margins, and cash flow generation, although specific figures are not available in the supplied data. Understanding these fundamentals is essential for assessing the company's financial health and potential for future growth.

Sector and Industry Context

Metric	Value
Sector	Electricals
Benchmark Scope	same sector
Benchmark Median P/E	20.71x
Benchmark Average P/E	96.26x
Benchmark P/E Range	1.44x to 2,269.92x
Benchmark Median P/B	2.71x
Benchmark Median ROE	3.03%
Benchmark Median ROCE	8.37%
Company Market Capitalisation	Rs 26,333.9 crore
Benchmark Median Market Cap	Rs 179.57 crore

Syrma SGS Technology Ltd. (SYRMA) is classified under sector: Electricals.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

The Electricals sector, encompassing 54 companies, presents a diverse landscape with varying performance metrics. Syrma SGS Technology Ltd. operates within this sector, which has a median market capitalisation of Rs 179.57 crore and an average of Rs 532.62 crore. The sector's P/E median is 20.71, with an average of 96.26, indicating a broad valuation range.

Benchmark data shows a P/B median of 2.71 and an average of 3.45, with ROE and ROCE medians at 3.03% and 8.37%, respectively. These figures provide a backdrop for evaluating Syrma SGS Technology Ltd.'s performance and valuation within the sector. The company's market cap of Rs 26,333.9 crore positions it well above the sector median, highlighting its prominence.

Investors will be keen to monitor sector trends and how Syrma SGS Technology Ltd. aligns with industry dynamics. The company's ability to leverage its market position within the Electricals sector will be a key factor in its future performance.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Aimtron Electronics Ltd.	AIMTRON	2,889.55	67.08	14.38	-8.61	-5.44
Advait Infratech Ltd.	ADVAIT	2,525.26	50.05	9.31	18.46	15.26
Modern Insulators Ltd.	MODINSU	2,234.86	27.28	4.01	10.6	11.4
Paramount Communications Ltd.	PARACABLES	2,120.51	36.05	2.49	1.65	2.67
Dynamic Cables Ltd.	DYCL	1,947.79	21.36	4.04	23.34	23.75

Syrma SGS Technology Ltd. (SYRMA) has a market capitalisation of Rs 26,333.9 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In comparison to its peers, Syrma SGS Technology Ltd. stands out with a market capitalisation of Rs 26,333.9 crore, significantly higher than many of its competitors. Aimtron Electronics Ltd., with a market cap of Rs 2,889.55 crore, and Advait Infratech Ltd., at Rs 2,525.26 crore, are notable peers within the Electricals sector.

While specific P/E, P/B, ROE, and ROCE values for Syrma SGS Technology Ltd. are not provided, the peer data offers insights into the competitive landscape. For instance, Advait Infratech Ltd. has a P/E of 50.05 and ROE of 18.46%, while Dynamic Cables Ltd. boasts a ROE of 23.34% and ROCE of 23.75%. These metrics highlight the diverse performance among peers.

Why Investors Are Watching Syrma SGS Technology Ltd.

Investors are closely monitoring Syrma SGS Technology Ltd. due to its recent price rise and market position within the Electricals sector. The company's performance today has captured attention, prompting further analysis of its technical and fundamental aspects.

• Price Action: 3.24% rise today, surpassing the Large Cap threshold.
• Technical Position: Notable trading volume and turnover.
• Fundamental Context: Market cap of Rs 26,333.9 crore.
• Sector Positioning: Prominent player in the Electricals sector.

Investors will continue to watch Syrma SGS Technology Ltd. for any developments that may impact its share price and market performance. The company's ability to maintain momentum and leverage its sector position will be key areas of focus.

About Syrma SGS Technology Ltd.

Syrma SGS Technology Ltd. operates within the Electricals sector, focusing on the production and distribution of electronic components. The company is known for its innovative solutions and has established a strong presence in the industry. With a diverse product portfolio, Syrma SGS Technology Ltd. caters to various segments, including consumer electronics, automotive, and industrial applications.

The company's strategic approach to market expansion and technological advancements has positioned it as a leader within the sector. Syrma SGS Technology Ltd.'s commitment to quality and customer satisfaction has been a driving force behind its success. As the industry evolves, the company continues to adapt and innovate to meet the changing demands of its clients.

Track Syrma SGS Technology Ltd. Share Price on Univest

Use Syrma SGS Technology Ltd. (SYRMA) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Syrma SGS Technology Ltd. Share Price on Univest for real-time updates and insights. Univest provides access to live share prices, technical indicators, fundamental ratios, shareholding patterns, and market insights. Stay informed about the latest developments and trends affecting Syrma SGS Technology Ltd. and make data-driven investment decisions.

Frequently Asked Questions

What is the current share price of Syrma SGS Technology Ltd.?

Ans. The current share price of Syrma SGS Technology Ltd. is Rs 1,405.75, reflecting a 3.24% increase from the previous close of Rs 1,361.6. The stock moved 3.24% during the session.

How much did Syrma SGS Technology Ltd. share price rise today?

Ans. Syrma SGS Technology Ltd. share price rose by 3.24% today, reaching Rs 1,405.75, with a significant trading volume across BSE and NSE. The stock moved 3.24% during the session. The intraday range extended from Rs 1,355 to Rs 1,408.6.

What is the market capitalisation of Syrma SGS Technology Ltd.?

Ans. The market capitalisation of Syrma SGS Technology Ltd. is Rs 26,333.9 crore, positioning it as a Large Cap stock within the Electricals sector. The company operates in the Electricals sector.

How does Syrma SGS Technology Ltd. compare to its peers?

Ans. Syrma SGS Technology Ltd. has a market cap of Rs 26,333.9 crore, significantly higher than many peers. Peer metrics like P/E and ROE vary widely. Comparable listed companies include Aimtron Electronics Ltd., Advait Infratech Ltd., Modern Insulators Ltd.

What is the P/E ratio benchmark for the Electricals sector?

Ans. The P/E ratio benchmark for the Electricals sector has a median of 20.71 and an average of 96.26, providing context for valuation comparisons. The relevant peer median P/E is 20.71x.

What are the key factors influencing Syrma SGS Technology Ltd.'s share price?

Ans. Key factors include today's 3.24% price rise, market cap of Rs 26,333.9 crore, and its position within the Electricals sector. The stock moved 3.24% during the session. The intraday range extended from Rs 1,355 to Rs 1,408.6.

How can investors track Syrma SGS Technology Ltd. share price?

Ans. Investors can track Syrma SGS Technology Ltd. share price on Univest for real-time updates, technical indicators, and market insights. The stock moved 3.24% during the session. The intraday range extended from Rs 1,355 to Rs 1,408.6.