India's Syrma SGS Technology hits record high after CEO appointment

Syrma SGS Technology

25/08/2023 05:53

** Shares of Syrma SGS Technology  SYRM.NS  rise as much as
4.74% to a record 517.45 rupees
    ** Co appoints Satendra Singh as CEO, with immediate effect
    ** Relative strength index rises above 70 on Friday,
suggesting stock may be overbought - Refinitiv data
    ** Of the eight analysts tracking SYRM, four have "strong
buy," four "buy;" median TP is 570 rupees
    ** SYRM up ~83% this year 

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))