Stock to buy: Shares of Syrma SGS Technology Limited hit a fresh 52-week high mark during Tuesday’s intraday trading session, extending its more than 120% rally in 2026 so far. The stock, representing the electronic manufacturing sector player, is poised for a 40.7% upside in twelve month duration, according to Emkay Global Financial Services report.
Core revenue and profitability, entry into new qualification-intensive verticals through partnerships, and component manufacturing are set to be the key driver behind Syrma SGS Technology’s .
Syrma SGS Technology share prediction
The stock is likely to extend the rally witnessed over the past six to seven months. share price is likely to see a 40.7% upside supported by strong growth in the qualification-intensive verticals through partnerships, and component manufacturing segment.
Despite a bullish outlook, Emkay Global Financial Services has cut estimates for its subsidiaries, Johari Digital Healthcare and Elcome Integrated Systems. The brokerage lowered Johari and Elcome’s gross margins in FY27/FY28-FY33E to 47.5%/50% from 55%, considering its management guidance. It also rebalanced the growth profile of the Medtech business between Johari Medtech and Syrma’s legacy medical electronics business.
The company’s net profit increased to ₹94.06 crore in the June quarter of financial year 2026-27 against ₹80.89 crore in the March quarter of FY26. Its net revenue increased to ₹1,442.82 crore in Q1FY27 against ₹1,220.73 crore in Q4FY26.
Syrma SGS Technology share price trend
Syrma SGS Technology share price target
The EMS stock has delivered close to 36% return in three months and around 127% return in 2026 so far, as per BSE data. Emkay Global Financial Services sees a 40% upside in its valuation and has given a target price of ₹2050 per share for 12 months duration.
“We build in FY26-FY31E revenue/EBITDA/PAT CAGR of 34%/39%/40% and reiterate BUY with Sep27E TP of Rs2,050, implying 65x FY28E PER,” stated brokerage in its report.
Syrma SGS Technology stock zooms 127% YTD, 280% in 2 years
Syrma SGS Technology share price was trading 0.24% higher at ₹1638.4 per share on BSE with a market capitalisation of Rs31,593.35 crore at 3:16 pm on Tuesday, September 8. The stock had touched its fresh 52-week high of Rs1,676.15 per share today and hit an intraday low of Rs1,593 per share. Its return on equity (ROE) stood at 23.24%. Its share price value has surged around 281% in two years and around 127.8% in 2026 so far.
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