Syrma SGS Technology Ltd

Ami Organics Ltd, Inox Wind Ltd, CreditAccess Grameen Ltd and Inox Green Energy Services Ltd are among the other gainers in the BSE's 'A' group today, 29 January 2025.Syrma SGS Technology Ltd surged 20.00% to Rs 504.35 at 11:45 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 2.68 lakh shares were traded on the counter so far as against the average daily volumes of 86678 shares in the past one month. Ami Organics Ltd spiked 16.28% to Rs 2188.85. The stock was the second biggest gainer in 'A' group. On the BSE, 68824 shares were traded on the counter so far as against the average daily volumes of 12696 shares in the past one month. Inox Wind Ltd soared 13.68% to Rs 153.35. The stock was the third biggest gainer in 'A' group. On the BSE, 5.66 lakh shares were traded on the counter so far as against the average daily volumes of 3.59 lakh shares in the past one month. CreditAccess Grameen Ltd advanced 10.69% to Rs 1062.5. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.06 lakh shares were traded on the counter so far as against the average daily volumes of 1.04 lakh shares in the past one month. Inox Green Energy Services Ltd jumped 10.23% to Rs 154.1. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1.77 lakh shares were traded on the counter so far as against the average daily volumes of 1.28 lakh shares in the past one month. Powered by Capital Market - Live

Revenue from operations jumped 22.5% YoY to Rs 869.2 crore during the quarter. Profit before tax (PBT) stood at Rs 65.7 crore in Q3 FY25 , steeply higher than Rs 27 crore in Q3 FY24. EBITDA increased 96.5% to Rs 101.3 crore in Q3 FY25 as compared with Rs 51.6 crore in Q3 FY24. EBITDA margin stood at 11.4% in Q3 FY25 as against 7.2% in Q3 FY24. During the quarter, export revenue accounted for 23% of revenue from operations. Total expenses rose 19.36% to Rs 825.79 crore in Q3 FY25 over Q3 FY24. During the quarter, cost of materials consumed stood at Rs 643.24 crore (up 10.19% YoY) while employee benefits expense was at Rs 45.24 crore (up 18.9% YoY). As on 31 December 2024, total cash & equivalents stood at Rs 412.4 crore while net debt stood at Rs 685.3 crore. Syrma SGS Technology is a technology-focused engineering and design company specializing in precision manufacturing for diverse end-use industries. It is engaged in the business of manufacturing various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies / adapters, fiber optic assemblies, magnetic induction coils and RFID products and other electronic products.Powered by Capital Market - Live

Net profit of Syrma SGS Technology rose 214.37% to Rs 48.79 crore in the quarter ended December 2024 as against Rs 15.52 crore during the previous quarter ended December 2023. Sales rose 22.99% to Rs 869.20 crore in the quarter ended December 2024 as against Rs 706.72 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales869.20706.72 23 OPM %9.105.58 - PBDT85.9040.87 110 PBT65.6726.96 144 NP48.7915.52 214 Powered by Capital Market - Live

Syrma SGS Tech. will hold a meeting of the Board of Directors of the Company on 28 January 2025.Powered by Capital Market - Live

Syrma SGS Technology announced a collaboration with MSI (a global leader in AI PCs, gaming, content creation, business & productivity and AIoT solutions) as its manufacturing partner in India to produce laptops for the Indian market. Through this strategic collaboration, Syrma SGS will assemble laptops for MSI at its state-of-the-art Chennai facility. MSI and Syrma SGS are setting the stage for a phased approach to localize manufacturing for MSI in India through this alliance, starting with the assembly of laptops. Backed by MSI's technology transfer and best practices, Syrma SGS will leverage its high-quality, scalable manufacturing process to deliver on its 'Make in India' promise. This long-term collaboration between the two will cater to the Indian market, bringing premium MSI laptops closer to consumersPowered by Capital Market - Live

Through this strategic collaboration, Syrma SGS will assemble laptops for MSI at its Chennai facility. MSI and Syrma SGS are setting the stage for a phased approach to localize manufacturing for MSI in India through this alliance, starting with the assembly of laptops. This long-term collaboration between the two will cater to the Indian market, bringing premium MSI laptops closer to consumers. Satendra Singh, CEO, Syrma SGS Technology, said: 'Being MSI's Indian manufacturing partner, this collaboration is a testament to our commitment to the Make in India initiative. It not only bolsters our IT hardware manufacturing portfolio but also underscores our ability to deliver highquality, innovative solutions that meet the needs of global leaders like MSI.' Syrma SGS Technology is a technology-focused engineering and design company specializing in precision manufacturing for diverse end-use industries. It is engaged in the business of manufacturing various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies / adapters, fiber optic assemblies, magnetic induction coils and RFID products and other electronic products. On a consolidated basis, Syrma SGS Technology's net profit rose 27.83% to Rs 36.24 crore on 17% increase in net sales to Rs 832.74 crore in Q2 September 2024 over Q2 September 2023. Export revenue was 23% of revenue from operations. The scrip fell 3.93% to currently trade a Rs 571.35 on the BSE. Powered by Capital Market - Live

Gillette India Ltd, Rainbow Childrens Medicare Ltd, Shoppers Stop Ltd and Tega Industries Ltd are among the other gainers in the BSE's 'A' group today, 04 November 2024.Syrma SGS Technology Ltd soared 4.88% to Rs 534.5 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 2.4 lakh shares were traded on the counter so far as against the average daily volumes of 1.2 lakh shares in the past one month. Gillette India Ltd surged 3.80% to Rs 10340. The stock was the second biggest gainer in 'A' group. On the BSE, 3671 shares were traded on the counter so far as against the average daily volumes of 2670 shares in the past one month. Rainbow Childrens Medicare Ltd spiked 3.66% to Rs 1606.3. The stock was the third biggest gainer in 'A' group. On the BSE, 45347 shares were traded on the counter so far as against the average daily volumes of 10421 shares in the past one month. Shoppers Stop Ltd exploded 3.64% to Rs 708.45. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1627 shares were traded on the counter so far as against the average daily volumes of 3514 shares in the past one month. Tega Industries Ltd gained 3.57% to Rs 1985.2. The stock was the fifth biggest gainer in 'A' group. On the BSE, 1534 shares were traded on the counter so far as against the average daily volumes of 2432 shares in the past one month. Powered by Capital Market - Live

Capacite Infraprojects Ltd, Gillette India Ltd, Sumitomo Chemical India Ltd and Federal Bank Ltd are among the other gainers in the BSE's 'A' group today, 29 October 2024.Syrma SGS Technology Ltd soared 12.34% to Rs 484.9 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 2.75 lakh shares were traded on the counter so far as against the average daily volumes of 60116 shares in the past one month. Capacite Infraprojects Ltd spiked 11.12% to Rs 384.8. The stock was the second biggest gainer in 'A' group. On the BSE, 1.08 lakh shares were traded on the counter so far as against the average daily volumes of 63154 shares in the past one month. Gillette India Ltd surged 8.21% to Rs 9254.95. The stock was the third biggest gainer in 'A' group. On the BSE, 12124 shares were traded on the counter so far as against the average daily volumes of 926 shares in the past one month. Sumitomo Chemical India Ltd gained 7.63% to Rs 553.55. The stock was the fourth biggest gainer in 'A' group. On the BSE, 34684 shares were traded on the counter so far as against the average daily volumes of 26309 shares in the past one month. Federal Bank Ltd spurt 7.36% to Rs 198.3. The stock was the fifth biggest gainer in 'A' group. On the BSE, 16.82 lakh shares were traded on the counter so far as against the average daily volumes of 4.67 lakh shares in the past one month. Powered by Capital Market - Live

On a consolidated basis, Syrma SGS Technology's net profit rose 27.83% to Rs 36.24 crore on 17% increase in net sales to Rs 832.74 crore in Q2 September 2024 over Q2 September 2023. Export revenue was 23% of revenue from operations. Profit before tax stood at Rs 50.68 crore in the Q2FY25, up 37.2% YoY and up 71.85% QoQ. EBITDA was at Rs 81 crore during the quarter, up 37.4% YoY and up 33.5% QoQ. EBITDA margin stood at 9.6% in Q2FY25, higher than 5.2% in Q1FY25 and 8.2% in Q2FY24. Total expenses rose 14.7% to Rs 761.78 crore in Q2 FY25 over Q2 FY24. During the quarter, cost of materials consumed stood at Rs 647.28 crore (up 11.3% YoY) while employee benefits expense was at Rs 45.94 crore (up 47.8% YoY). Net cash flow from operating activities improved to Rs 209.51 crore in Q2FY25 from a cash outflow of Rs 3.20 crore in Q2FY24. As on 30 September 2024, total cash & equivalents stood at Rs 422.80 crore while net debt stood at Rs 180 crore. Syrma SGS Technology is a technology-focused engineering and design company specializing in precision manufacturing for diverse end-use industries. It is engaged in the business of manufacturing various electronic sub-assemblies, assemblies and box builds, disk drives, memory modules, power supplies / adapters, fiber optic assemblies, magnetic induction coils and RFID products and other electronic products. Powered by Capital Market - Live

Archean Chemical Industries Ltd, Interglobe Aviation Ltd, Poonawalla Fincorp Ltd, IDFC First Bank Ltd are among the other stocks to see a surge in volumes on NSE today, 28 October 2024.Syrma SGS Technology Ltd notched up volume of 98.68 lakh shares by 14:14 IST on NSE, a 21.79 fold spurt over two-week average daily volume of 4.53 lakh shares. The stock rose 14.41% to Rs.434.25. Volumes stood at 7.96 lakh shares in the last session.Archean Chemical Industries Ltd saw volume of 46.97 lakh shares by 14:14 IST on NSE, a 21.52 fold spurt over two-week average daily volume of 2.18 lakh shares. The stock increased 14.53% to Rs.683.60. Volumes stood at 2.69 lakh shares in the last session.Interglobe Aviation Ltd saw volume of 83.65 lakh shares by 14:14 IST on NSE, a 8.64 fold spurt over two-week average daily volume of 9.68 lakh shares. The stock dropped 8.30% to Rs.4,003.50. Volumes stood at 13.29 lakh shares in the last session.Poonawalla Fincorp Ltd witnessed volume of 178.56 lakh shares by 14:14 IST on NSE, a 7.6 times surge over two-week average daily volume of 23.49 lakh shares. The stock increased 9.04% to Rs.323.90. Volumes stood at 126.57 lakh shares in the last session.IDFC First Bank Ltd registered volume of 1728.96 lakh shares by 14:14 IST on NSE, a 5.81 fold spurt over two-week average daily volume of 297.43 lakh shares. The stock rose 1.91% to Rs.66.75. Volumes stood at 642.32 lakh shares in the last session.Powered by Capital Market - Live