Electronic Components
PG Electroplast Limited (PGEL) clears resistance, moves up 7%
PG Electroplast Limited (PGEL) stock price clears its 6-month resistance trendline, gaining 7% intraday to ₹529.1.
PG Electroplast Limited (PGEL) gained +7% to clear its 6-month resistance trendline, closing at ₹529.1 on the NSE on 16 Jun 2026. The move comes as the stock successfully broke out above its 6-month resistance level at ₹452, marking a 14.6% clear. This breakout is notable as PGEL operates in the technology sector under electronic components, and today’s move appears to be driven by technical factors rather than sector-wide momentum.
Technical setup — trendlines & DMA
Currently, the 6-month support trendline stands at ₹467.6, with the stock trading 11.62% above this level. Resistance was previously at ₹452.03, which the stock has now surpassed by 14.57%. The 50-DMA is at ₹502.2, slightly below today’s price, while the 200-DMA is at ₹548.3, indicating a bearish trend as the 50-DMA is below the 200-DMA. The stock is currently in the lower third of its 52-week range of ₹436.6 to ₹836.5, suggesting there is room for further upside given its position relative to the 52-week high.
Snapshot: ₹529.10 on 2026-06-16 (chart frozen at publication)
Fundamentals & business context
With a PE ratio of 71.3 and profit margins at a slim 3.7%, PGEL’s valuation appears stretched relative to its current earnings, especially considering its revenue CAGR of 35.3% over the past five years. The institutional holding of 25.9% suggests that while there is some confidence among smart money, the valuation may be pricing in expectations of future growth and margin improvement. There was no NSE catalyst today, indicating the move is likely technical in nature.
Algorithmic scorecard
The overall algorithmic scorecard reflects a balanced view of PGEL, with strengths and weaknesses across both fundamental and technical metrics. On the fundamental side, the company’s excellent revenue and profit CAGRs over the past five years, along with very low debt levels, are strong positives. These indicate robust growth and financial health. However, the low profit margin of 3.7% and negligible dividend yield pose risks, as thin margins leave little room for error and the lack of dividend income may disappoint income-seeking investors. Technically, the bullish sentiment over the last 30 days, with higher volume on up days, suggests accumulation. Conversely, the stock’s poor performance over the last year and its current position near yearly lows highlight the volatility and potential downside risk.
Company outlook
Management anticipates better sellout momentum in April and May compared to the same period last year and is targeting better than industry revenue growth for FY27 with EBITDA margins expected to improve towards 8%. They are also planning to maintain gross profit per unit in RAC at normal levels and restore EBITDA to original figures. Additionally, the company is developing new manufacturing facilities expected to start commercial production by Q4 FY27 and has expanded its washing machine facility with strong order book visibility.
Get all details on PGEL — P&L, peers, shareholding and more on TradeAlone.
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.
Electronic Components
Syrma SGS Technology Limited Inaugurates New Medical Plastics and Precision Molding Facility in Jodhpur
Syrma SGS Technology Limited inaugurates new Medical Plastics and Precision Molding Facility in Jodhpur, enhancing MedTech manufacturing capabilities.
Syrma SGS Technology Limited (NSE: SYRMA) inaugurated its new Medical Plastics and Precision Molding Facility in Jodhpur, Rajasthan, marking a significant milestone in the company’s expansion of its MedTech manufacturing capabilities. With a plant area of over 120,000 sq. ft., the facility brings together capabilities in medical plastics and precision molding, including injection molding, extrusion, blow molding, and tooling.
Enhanced Manufacturing Capabilities
The new facility is designed to support the manufacture of precision medical components, including multi-cavity and tight-tolerance molded components, medical and diagnostic tubing, customized tubing profiles, and other specialized applications. This expansion strengthens the broader manufacturing ecosystem of the Syrma SGS Group, with 17 global production sites and four design and innovation centers.
Strategic Investment
Commenting on the inauguration, Sandeep Tandon, Executive Chairman of Syrma SGS Technology Limited, said: “The inauguration of the Jodhpur facility marks an important milestone in the evolution of our MedTech capabilities and reflects our long-term commitment to building specialized, high-value manufacturing capabilities in India in this industry. As the global MedTech industry continues to evolve, we see significant opportunity to contribute through investments in precision manufacturing, technology, and scale.”
As a result, Syrma Johari MedTech’s position as a design-led global MedTech CDMO is further strengthened, with capabilities spanning design and engineering, precision plastics, tooling, cleanroom operations, and assembly. The company supports MedTech programs across areas including diagnostics, medical aesthetics, patient monitoring, surgical and interventional care, critical care, rehabilitation, and physical therapy.
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 24.8% 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 96% 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 2.29 premium is usually justified. Check Fundamentals of Syrma SGS Technology Limited.
-
Consumer Cyclical3 days agoSky GOLD and Diamonds Limited (NSE: Skygold) Q2 and H1 FY27: Revenue at Rs 4,403.45 Crore, PAT Up 111.9%
-
AWL3 days agoAwl Agri Business Limited (AWL) Delivers Strong Q2 FY27 Growth; Revenue Grows 26% to INR 22,202 Crore with Operating Ebitda Up 11% Yoy
-
Consumer Cyclical3 days agoKanpur Plastipack Limited (NSE: Kanprpla) Q2 FY27: Revenue, Ebitda & PAT Surge
-
Consumer Cyclical3 days agoHuhtamaki India Limited Q3 FY26: Net Sales Surge 23.7%, EBIT Up 18%
-
DYCL3 days agoDynamic Cables Limited (dycl) Scaling with Strength: Q2 FY27 Results Show Strong Growth
-
ACUTAAS3 days agoAcutaas Chemicals Limited (acutaas) Q2 & H1 FY27 Results: Revenue Up 42.7% Yoy, PAT Surges 71.4%
-
Auto Parts3 days agoSchaeffler India Limited (NSE: Schaeffler) Q3 FY26: Double-digit Growth Across Domestic and Export Businesses
-
Industrials3 days agoNavkar Corporation Limited Announces Q2 FY27 Results: Revenue Up 15%, Ebitda Surges 20%
