Syrma SGS share price: Shares of electronics manufacturing services (EMS) firm Syrma SGS Technology climbed as much as 6.4% to hit a record high of ₹1,422 per unit on the National Stock Exchange (NSE) on Tuesday, June 23.
At around 11:05 AM, the stock stood at ₹1,399.70 per equity share, reflecting a 4.75% increase. It touched a year’s low of ₹500 apiece on June 23, 2025.
The scrip has gained 7% in the past week and 34% over the month. On a year-to-date basis, it has advanced 93%.
The surge in its stock came after the company signed a pact with another firm, Kaga Electronics, to form a joint venture focusing on production for Japanese clients, a regulatory filing said on Monday.
Syrma SGS will hold a 60% stake in the joint venture company (JVCo), with the remaining 40% held by the Indian arm of the Japanese firm Kaga Electronics.
The company entered into an agreement to establish, develop, and operate a technologically advanced, state-of-the-art EMS manufacturing facility in India, focusing on Japanese clients.
Pursuant to the proposed transaction, Syrma SGS will receive equity shares in the JVCo for an aggregate value of ₹15 crore and Kaga will receive shares for an amount of ₹10 crore.
“The issuance of further shares shall be undertaken at the fair market value, which shall be determined as per the terms of the Agreement in accordance with a valuation report as per applicable laws,” the filing read.
The board of directors of the JVCo will have four directors, with two being nominated by Syrma SGS and the other two by Kaga.
Q4 results
The company posted a consolidated profit of around ₹119 crore for the fourth quarter of the 2025-26 financial year (Q4 FY26), on higher revenue and consolidation of high-margin segments, according to a company filing.
The company had posted a loss of ₹71.45 crore in the same period a year ago.
Its consolidated revenue from operations grew by about 58.48% year-on-year (YoY) to ₹1,465 crore during the reported quarter from ₹924.36 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).
Syrma SGS Technology has a total market capitalisation of ₹26,986.63 crore as of June 23, 2026, according to data on the NSE.