Syrma SGS Share Price Hits 52-Week High on ₹1,800 Crore PCB Plant Plan

Syrma SGS Technology share price surged over 5% on July 10, touching a 52-week high of ₹682.70. This marks the second consecutive session of strong gains, with the stock rising 11% in just two days. Investors cheered the company’s announcement of plans to build India’s largest multi-layer Printed Circuit Board (PCB) and Copper Clad Laminate (CCL) facility.

Big Investment with Korean Partner

Syrma SGS will invest around ₹1,800 crore to set up this facility in Naidupeta, Andhra Pradesh. The project is being developed in partnership with South Korea’s Shinhyup Electronics, which will provide technology and marketing support. The new plant is expected to strengthen India’s self-reliance in electronic components, in line with the government’s ‘Make in India’ initiative.

Timeline of the Project

The collaboration began in December 2024 with an NDA, followed by structured meetings, business plans, and site visits through early 2025. By April, Syrma SGS and Shinhyup signed a non-binding term sheet, and in May, the company applied under the Government of India’s Electronic Component Manufacturing Scheme (ECMS). In June, it submitted a detailed project report to the Andhra Pradesh government seeking land and incentives.

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About Syrma SGS Technology Limited

Founded in 2004, Syrma SGS Technology Limited is an engineering and design company headquartered in Chennai. It operates in the electronics manufacturing services (EMS) sector, offering comprehensive solutions and support to original equipment manufacturers (OEMs). The company helps clients right from developing product concepts to full-scale production, covering concept co-creation and product realisation.

Syrma SGS Technology Share Price Performance

As of 1:04 pm on July 10, 2025, Syrma SGS Technology share price is trading at ₹670.00, up 3.13% for the day. The stock opened at ₹650.00, hit an intraday high of ₹682.50 and a low of ₹647.65. Its market capitalisation stands at ₹11,930 crore, with a P/E ratio of 70.38. The 52-week high is ₹682.50, while the 52-week low is ₹370.00.

Conclusion

Syrma SGS’s strategic partnership and large investment plan have fueled investor confidence, positioning the company as a leader in India’s electronic manufacturing sector. As demand for advanced components grows, the company is well-placed to benefit in the coming years.

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