Electronic Components
Syrma SGS Technology Limited (SYRMA) pulls back from breakout highs, falls 5%
Syrma SGS Technology Limited (NSE: SYRMA) shows pressure after breakout, falling 5% intraday to ₹1355.0.
Syrma SGS Technology Limited (SYRMA) pulls back after breakout, falling -5% intraday to ₹1355.0 on the NSE on 29 Jun 2026. This retracement follows the stock clearing its 6M resistance at ₹1335, marking a structural breakout. The move comes amid a management change announcement and trading window closure, though today’s fall is largely attributed to profit-taking post-breakout. Syrma, a key player in the electronic components sector, has seen its stock rise 28% above the 50-DMA, indicating an extended move. Today’s pullback, however, suggests some consolidation as investors lock in gains.
Technical setup — trendlines & DMA
From a technical standpoint, SYRMA’s 6M support trendline stands at ₹973.34, significantly below today’s price, indicating a robust uptrend. The stock has broken above the 6M resistance trendline at ₹1334.82, confirming the breakout. The 50-DMA at ₹1118.2 is well below the current price, while the 200-DMA at ₹871.8 underscores the stock’s strong upward momentum. SYRMA is currently trading in the upper third of its 52W range (₹538.5–₹1517.7), reflecting substantial upside from the lows but also proximity to the highs, which may invite some profit-taking.
Snapshot: ₹1,355.00 on 2026-06-29 (chart frozen at publication)
Fundamentals & business context
On the fundamental front, SYRMA’s PE of 85.2, coupled with a profit margin of 6.6%, suggests that the stock is trading at a premium relative to its earnings. However, the company’s revenue CAGR of 33.8% and profit CAGR of 38.6% over the past five years indicate strong growth potential, which may justify the elevated valuation. Institutional holding at 18.4% suggests a degree of confidence from sophisticated investors, though the thin profit margin and overvalued PEG ratio of 2.21 pose risks. There were no new NSE catalysts today beyond the management change and trading window closure.
Algorithmic scorecard
SYRMA’s algorithmic scorecard reflects a technically strong but fundamentally weaker profile. The stock’s breakout above resistance levels and bullish trend, with the 50-DMA above the 200-DMA, signal strong technical momentum. The consistent revenue growth every year and low debt levels further support this positive technical outlook. However, the low profit margin of 6.6% and negligible dividend yield of 0.1% highlight fundamental weaknesses. The overvalued PEG ratio of 2.21 and thin profit margin suggest that the stock may be priced aggressively relative to its current earnings, posing risks for investors.
Company outlook
Management provided forward-looking guidance indicating 30% to 35% revenue growth for FY ’27 and targeting INR700 crores of total EBITDA for the same period. The PCB business is expected to contribute incremental growth from FY ’27-’28. PLI benefit for FY ’26 is anticipated to be around INR38 crores. Capex plans include INR800 crores for the PCB-related business and INR100 crores to INR150 crores for organic growth in FY ’27. The company aims to sustain ODM growth at 17% and increase exports to INR1,500 crores.
Get all details on SYRMA — P&L, peers, shareholding and more on TradeAlone.
Electronic Components
Syrma SGS Technology Limited (syrma) Q2 FY27: Revenue at ₹19,995 Mn, Ebitda at ₹2,031 Mn, PAT at ₹1,242 Mn
Syrma SGS Technology Limited (SYRMA) reports Q2 FY27 results with ₹19,995 Mn revenue, ₹2,031 Mn EBITDA, and ₹1,242 Mn PAT.
Syrma SGS Technology Limited (NSE: SYRMA) announced its financial results for the quarter ended on September 30th, 2026, marking a new milestone with consolidated revenue reaching ₹19,995 Mn, a 73% year-on-year increase. The company’s EBITDA stood at ₹2,031 Mn, up 64% YoY, while PAT surged to ₹1,242 Mn, an 87% YoY increase. Commenting on the results, Mr. Jasbir Singh Gujral, Managing Director, highlighted the company’s strong execution and growth momentum.
Financial Performance
The consolidated total revenue for the quarter was ₹19,995 Mn, compared to ₹16,037 Mn in the same quarter last year. The EBITDA margin was 10.2%, while the PAT margin stood at 6.2%. For the half year ended September 30th, 2026, total revenue was ₹36,032 Mn, up 71% YoY. The company’s EBITDA and PAT for the half year were ₹3,798 Mn and ₹2,299 Mn, respectively, showing robust growth.
Strategic Milestones
Syrma SGS Technology Ltd. also celebrated significant strategic milestones during the quarter. The new Bengaluru facility of Syrma SGS Elemaster Private Limited was inaugurated, marking an important step in expanding manufacturing capabilities. Additionally, Syrma Johari MedTech, a subsidiary, inaugurated a new medical plastics and precision molding facility in Jodhpur to bolster its MedTech manufacturing capabilities.
As Syrma SGS Technology Ltd. continues to build on its momentum, the company is focused on expanding its global footprint, scaling niche technology-intensive segments, and advancing its PCB project as the next pillar of growth.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Syrma SGS Technology Limited
Syrma SGS Technology Limited belongs to the Technology › Electronic Components sector. Here’s a quick read on where the business and the stock stand today.
Syrma gains 18.1% over three months and trades near its 52-week highs. Thin margins at 6.7% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue grows at 32.8% and profits at 38.6% CAGR. Both numbers are exceptional. The stock trades at 82% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The business grows revenue at 32.8% and profits at 38.6%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 2.16 premium is usually justified. Check Fundamentals of Syrma SGS Technology Limited.
Electronic Components
Pg Electroplast Limited Q2 Fy2027: Revenue Surges 42.5%, Ebitda Up 54.8%
PG Electroplast Limited (PGEL) reports a significant surge in Q2 FY2027 with revenue up 42.5% and EBITDA increasing by 54.8%.
PG Electroplast Limited (PGEL) has announced its financial results for the second quarter of the fiscal year 2027, showcasing robust growth across all key financial metrics. The company reported a 42.5% increase in sales, reaching INR 933.88 crores, and a 54.8% surge in EBITDA, hitting INR 69.14 crores. This impressive performance highlights PGEL’s strong operational efficiency and market demand for its diversified product offerings.
Financial Highlights
The company’s consolidated revenue for the first half of FY2027 crossed INR 2,950 crores, marking a historic milestone. Notably, the AC business grew by 36.2% year-on-year to INR 1,561.1 crores, while the Washing Machines business saw a remarkable 60.7% growth to INR 504.8 crores. The Electronics business also contributed significantly with a 90.3% year-on-year growth, accounting for 12.1% of total revenues.
Operational Efficiency
PGEL’s operational efficiency is further demonstrated by its improved EBITDA margin, which rose to 7.4% in Q2 FY2027 from 6.8% in the same period last year. The company’s net income also surged by 395.2% to INR 13.67 crores, underscoring its effective cost management and strategic growth initiatives.
Future Outlook
Looking ahead, PG Electroplast Limited remains optimistic about its growth trajectory. The company’s expansion projects are on track, and the commencement of commercial production from two new facilities is anticipated soon. This strategic expansion, coupled with continuous innovation and market demand, positions PGEL for sustained growth in the coming quarters.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of PG Electroplast Limited
PG Electroplast Limited belongs to the Technology › Electronic Components sector. Here’s a quick read on where the business and the stock stand today.
PG falls 15.6% over three months and has not found a floor yet. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue grows at 33.8% and profits at 36.4% CAGR. Both numbers are exceptional. The stock holds at 41% of its 52-week range with RSI at 47. In other words, neither side has a clear edge right now. Revenue grows at 33.8% and profits at 36.4% CAGR, with D/E of 0.00. Meanwhile, the stock dips 15.6% in three months without any fundamental deterioration. Consequently, the stock quietly becomes cheaper relative to earnings power. For long-term investors, that is a feature. Check Fundamentals of PG Electroplast Limited.
AVALON
Avalon Technologies Limited Clarifies Media Reports Regarding Proposed Stake Sale
Avalon Technologies Limited (NSE: AVALON) clarifies media reports on proposed stake sale by Mr. Bhaskar Srinivasan’s group, excluding KBS Family Trust.
Avalon Technologies Limited (NSE: AVALON) has issued a clarification regarding recent media reports about a proposed stake sale by Mr. Bhaskar Srinivasan’s promoter group. The company emphasized that the reference to the KBS Family Trust should not be construed as a reference to Mr. Kunhamed Bicha or his promoter group, who are not involved in this proposed sale. For transparency, as of September 29, 2026, the shareholding of Mr. Bhaskar Srinivasan’s promoter group in Avalon is detailed below:
Shareholding Details
The shareholding distribution is as follows:
Bhaskar Srinivasan: 62,70,355 shares (9.38%)
BBS Family Trust: 20,20,710 shares (3.02%)
KBS Family Trust: 20,20,710 shares (3.02%)
Dolphin Family Trust: 1,000 shares (0.00%)
Together, these holdings make up a total of 1,03,12,775 shares (15.42%) of Avalon Technologies Limited. Avalon Technologies Limited remains committed to maintaining transparency and providing accurate information to its shareholders and stakeholders. For the latest regulatory disclosures on promoter shareholding, investors and stakeholders are advised to refer to the company’s official announcements.
For more details on Avalon Technologies Limited, please visit our website or contact our Chief Financial Officer, Suresh Veerappan.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Avalon Technologies Limited
Avalon Technologies Limited belongs to the Technology › Electronic Components sector. Here’s a quick read on where the business and the stock stand today.
Avalon gains 28.2% over three months and trades near its 52-week highs. The PEG reaches 3.98. The stock trades on brand and index weight, not on growth. Thin margins at 7.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Buyers show up with 2.0x the volume of sellers. Moreover, they dominated on 16 of recent sessions versus 14 for sellers — a healthy accumulation pattern. The business grows revenue at 19.3% and profits at 29.1%, with D/E of 0.00. The stock reflects that strength. Moreover, when fundamentals and price action align, the PEG of 3.98 premium is usually justified. Check Fundamentals of Avalon Technologies Limited.
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