Business Standard ·
Economy, business and finance
Syrma SGS Technology soars 9%, up 125% in 2026; what's driving EMS stock?
Syrma SGS Technology price: Thus far this month, the market price of Syrma rallied 15 per cent, and hit a record high of ₹1,676.15 on September 8, 2026.
Thus far this month, the market price of Syrma rallied 15 per cent, and hit a record high of ₹1,676.15 on September 8, 2026.
Syrma SGS Technology (Syrma) share price soared 9 per cent to ₹1,652.15 on the BSE in Thursday’s intra-day deals on a healthy business outlook. In comparison, the BSE Sensex was up 0.19 per cent at 74,479 at 10:00 AM.
The stock price of the Electronics Manufacturing Services (EMS) company hit a record high of ₹1,676.15 on September 8, 2026. Thus far this month, Syrma's market price rallied 15 per cent. So far in the calendar year 2026, Syrma’s stock price zoomed 125 per cent, against a 12.7 per cent decline in the BSE Sensex.
Syrma is a leading Indian Electronic Systems Design and Manufacturing company. The company offers a comprehensive range of services, including Product Design, Assembly (PCBA & Box Build), Quick Prototyping, and Tester Development Services, positioning itself as a catalyst for growth in the industry. In addition to EMS, Syrma SGS also provides original equipment manufacturer (OEM) solutions for RFID tags & inlays, high-frequency magnetic components, and electro-mechanicals.
As of the end of June, Syrma's order book visibility was approximately ₹6,770 crore, of which automotive was around 29 per cent, consumer (around 30 per cent), industrial segment (approximately 24 per cent), healthcare (around 7 per cent which includes the MedTech business also), and IT and railways together accounted for about 9 per cent of the company’s total overall order book visibility.
The global EMS market was worth roughly $648 billion in calendar year 2025 (CY2025), up from $610 billion a year earlier, and is projected at $690 billion in CY2026, advancing toward $1.19 trillion by 2034 (a 7.1 per cent compound annual growth rate (CAGR)), Syrma said in its FY26 annual report.