The foreign brokerage has a target price of Rs 1,750 (22% upside) on Syrma SGS Technology, highlighting the company as one of India's leading electronics manufacturing services (EMS) players.
The brokerage expects the sector to benefit from the government's continued push for domestic electronics manufacturing, including the around $13 billion allocation approved in June for India Semiconductor Mission 2.0, which it believes will have a positive trickle down effect on EMS companies.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own.
These do not represent the views of The Economic Times)
The foreign brokerage has a target price of Rs 1,750 (22% upside) on Syrma SGS Technology, highlighting the company as one of India's leading electronics manufacturing services (EMS) players. The brokerage expects the sector to benefit from the government's continued push for domestic electronics manufacturing, including the around $13 billion allocation approved in June for India Semiconductor Mission 2.0, which it believes will have a positive trickle down effect on EMS companies.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
