Syrma SGS Technology Ltd. (SYRMA) Share Price Rises 4.52% Today

Syrma SGS Technology Ltd. Share Price rises 4.52% today, reaching Rs 1,404 with a market cap of Rs 25,195.23 Cr.

Syrma SGS Technology Ltd. Share Price has experienced a notable rise today, increasing by 4.52% to reach Rs 1,404. This price movement has brought the company's market capitalisation to Rs 25,195.23 crore. As a large-cap company, Syrma SGS Technology Ltd. The stock opened at Rs 1,383.85 and reached a high of Rs 1,426.75 during the day, with a low of Rs 1,363.1. The total trading volume was 1,871,580 shares, indicating strong investor interest. This article will delve into the price action, technical indicators, fundamental analysis, sector context, and peer comparison to provide a comprehensive understanding of today's developments.

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

Metric	Value
Current Price	Rs 1,404
Previous Close	Rs 1,343.3
Today's Change	+Rs 60.7 (+4.52%)
Day Open	Rs 1,383.85
Day High	Rs 1,426.75
Day Low	Rs 1,363.1
Current Volume (BSE)	1,35,808
BSE Traded Volume	1,35,808
NSE Traded Volume	17,35,772
Combined NSE + BSE Volume	18,71,580
Turnover	Rs 19.07 crore
Market Capitalisation	Rs 25,195.23 crore
Market Cap Category	Large Cap

Syrma SGS Technology Ltd. (SYRMA) traded at Rs 1,404. versus the previous close of Rs 1,343.3, a rise of 4.52%. The stock opened at Rs 1,383.85, reached Rs 1,426.75, touched Rs 1,363.1. Reported volume was 1,35,808.

Syrma SGS Technology Ltd. (SYRMA) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 25,195.23 crore

Syrma SGS Technology Ltd. holds a market capitalisation of Rs 25,195.23 crore, positioning it as a significant player within the Electricals sector. The company's valuation metrics, such as P/E and P/B ratios, are crucial for understanding its market standing. The sector's P/E median is 20.95, with an average of 92.56, indicating a wide range of valuations among peers. Syrma SGS Technology Ltd.'s P/E ratio, when compared to these benchmarks, provides insight into its relative valuation. Additionally, the sector's P/B median is 2.79, with an average of 3.53, further contextualising the company's book value per share. The company's ROE and ROCE metrics are essential for assessing profitability and capital efficiency, with sector medians at 3.03% and 7.89%, respectively. These figures help investors gauge Syrma SGS Technology Ltd.'s performance relative to its sector peers.

Sector and Industry Context

Metric	Value
Sector	Electricals
Benchmark Scope	same sector
Benchmark Median P/E	20.95x
Benchmark Average P/E	92.56x
Benchmark P/E Range	1.36x to 2,227.61x
Benchmark Median P/B	2.79x
Benchmark Median ROE	3.03%
Benchmark Median ROCE	7.89%
Company Market Capitalisation	Rs 25,195.23 crore
Benchmark Median Market Cap	Rs 175.66 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, comprising 54 companies, provides a broad benchmark for evaluating Syrma SGS Technology Ltd.'s performance. The sector's P/E median of 20.95 and average of 92.56 highlight the diverse valuation landscape. Syrma SGS Technology Ltd.'s market cap of Rs 25,195.23 crore places it well above the sector median of Rs 175.66 crore, indicating its prominence within the industry. The sector's P/B median is 2.79, with an average of 3.53, offering further context for assessing the company's valuation. Additionally, the sector's ROE and ROCE medians are 3.03% and 7.89%, respectively, providing benchmarks for profitability and capital efficiency. These metrics are crucial for understanding Syrma SGS Technology Ltd.'s position within the Electricals sector and its competitive landscape.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Aimtron Electronics Ltd.	AIMTRON	2,865.4	61.01	18.08	-8.61	-5.44
Advait Infratech Ltd.	ADVAIT	2,494.9	47.71	8.87	18.46	15.26
Modern Insulators Ltd.	MODINSU	2,269.27	27.87	4.09	10.6	11.4
Paramount Communications Ltd.	PARACABLES	2,042.63	34.82	2.39	1.65	2.67
Dynamic Cables Ltd.	DYCL	1,910	20.95	3.96	23.34	23.75

Syrma SGS Technology Ltd. (SYRMA) has a market capitalisation of Rs 25,195.23 crore. Among the 5 peers shown, 0 have a larger market capitalisation.

In the Electricals sector, Syrma SGS Technology Ltd. competes with several notable peers. Aimtron Electronics Ltd. has a market cap of Rs 2,865.4 crore and a P/E of 61.01, while Advait Infratech Ltd. boasts a market cap of Rs 2,494.9 crore with a P/E of 47.71. Modern Insulators Ltd. and Paramount Communications Ltd. have market caps of Rs 2,269.27 crore and Rs 2,042.63 crore, respectively, with P/E ratios of 27.87 and 34.82. These comparisons highlight Syrma SGS Technology Ltd.'s relative market position and valuation within the sector. The company's market cap of Rs 25,195.23 crore significantly exceeds its peers, underscoring its leadership within the industry.

Why Investors Are Watching Syrma SGS Technology Ltd.

Investors are closely monitoring Syrma SGS Technology Ltd. due to its recent price rise and strong market position. The company's performance today has attracted attention, and several factors contribute to this interest:

• Significant price rise of 4.52%, surpassing the large-cap threshold.
• Strong trading volume, indicating heightened investor activity.
• Valuation metrics compared to sector benchmarks.
• Prominent market cap within the Electricals sector.

As the company continues to navigate the market, investors should keep an eye on its valuation metrics, sector performance, and any developments that may impact its share price.

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. serves various segments, contributing to its robust market position. The company's commitment to quality and technological advancement has positioned it as a leader in the Electricals sector, making it a key player in the market.

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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 1,404, reflecting a 4.52% increase from the previous close of Rs 1,343.3. The stock moved 4.52% during the session.

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

Ans. Syrma SGS Technology Ltd. share price rose by 4.52% today, reaching Rs 1,404 from the previous close of Rs 1,343.3. The stock moved 4.52% during the session. The intraday range extended from Rs 1,363.1 to Rs 1,426.75.

How does Syrma SGS Technology Ltd.'s P/E ratio compare to the sector median?

Ans. Syrma SGS Technology Ltd.'s P/E ratio should be compared to the sector median of 20.95 to assess its relative valuation. The relevant peer median P/E is 20.95x. The peer average P/E is 92.56x.

What is the sector median P/B ratio for Electricals?

Ans. The sector median P/B ratio for Electricals is 2.79, providing a benchmark for assessing company valuations. The relevant peer median P/E is 20.95x. The peer average P/E is 92.56x. The stock belongs to the Electricals sector.

Who are the peers of Syrma SGS Technology Ltd.?

Ans. Peers of Syrma SGS Technology Ltd. include Aimtron Electronics Ltd., Advait Infratech Ltd., and Modern Insulators Ltd., among others in the Electricals sector. Comparable listed companies include Aimtron Electronics Ltd., Advait Infratech Ltd., Modern Insulators Ltd.

What is the sector median ROE for Electricals?

Ans. The sector median ROE for Electricals is 3.03%, offering a benchmark for evaluating company profitability. The relevant peer median ROE is 3.03%. The relevant peer median ROCE is 7.89%. The stock belongs to the Electricals sector.

What is the sector median ROCE for Electricals?

Ans. The sector median ROCE for Electricals is 7.89%, providing a benchmark for assessing capital efficiency. The relevant peer median ROE is 3.03%. The relevant peer median ROCE is 7.89%. The stock belongs to the Electricals sector.

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

Ans. You can track Syrma SGS Technology Ltd. share price on Univest for real-time updates, technical indicators, and market insights. The stock moved 4.52% during the session. The intraday range extended from Rs 1,363.1 to Rs 1,426.75.