India's Syrma SGS Tech continues gains on JV deal

Syrma SGS Technology

15/07/2025 10:15

** Syrma SGS Technology SYRM.NS up 1.6%, set for fifth straight session of gains

** The electronics design firm signs JV with S. Korea's Shinhyup Electronics to make multi-layer PCBs

** Avg rating of 23 analysts is "buy", median PT is 613 rupees, ~11.5% below current price of 692 rupees -LSEG data

** SYRM up ~17% YTD, has been above 100- and 200-day simple moving averages since May

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))