India's Syrma SGS Technology biggest Nifty 500 loser on lower quarterly revenue

Syrma SGS Technology

14/05/2025 09:24

** Syrma SGS Technology SYRM.NS falls 6.5% to 526.9 rupees, and is the biggest pct loser among Nifty 500 .NIFTY500 stocks

** The electronics design co's fourth-quarter revenue falls 18% y/y on weakness in consumer and healthcare segments

** More than 3.2 million shares change hands on the day, ~2x six-month average daily volume

** Analysts, on average, rate the stock as "buy"; median PT 555 rupees, as per data compiled by LSEG

** YTD, SYRM stock down 11%

 (Reporting by Vivek Kumar M)

 ((VivekKumar.M@thomsonreuters.com;))