Syrma Share Price Target From 2024 to 2030: Syrma SGS Technology Ltd is one of the leading companies in electronics manufacturing services. It had established itself in fast-evolving India’s tech manufacturing landscape. Syrma specializes in providing high-quality electronics products and services in ODM, PCBs, and other critical electronic components. Specifically focused on diversified sectors like automotive, telecommunications, health care and industrial applications, Syrma has undergone steady growth and positions itself well to benefit from the increasing digital infrastructure in India, and demand of EMS worldwide.
Siding with the institutional investor’s preference for Syrma, this growth story has become somewhat of a presentation topic to the investors with market positioning. This piece of the article covers the share price projection of Syrma from 2024-2030 in terms of some key performance metrics and market trends with other prevailing issues that determine its value.
Syrma Share Price Summary
- Open: ₹501.00
- High: ₹545.00
- Low: ₹500.00
- Market Cap: ₹9,110 Crores
- P/E Ratio: 86.29
- Dividend Yield: 0.29%
- 52-Week High: ₹705.20
- 52-Week Low: ₹376.35
- Current Price: ₹512.55 with a price change of -2.71% in the past year.
Institutional Holding Breakdown For Syrma Share Price
Syrma Share Price For Promoters: 46.89%
The promoter holding remains the same in the September 2024 quarter, which indicates stable long-term interest from the company’s promoters.
Syrma Share Price For Retail and Others: 36.35%
Retail investors form a considerable percentage of Syrma’s shareholder base. This suggests that the stock is widely held by retail investors.
Syrma Share Price for Foreign Institutional Investors (FIIs): 10.31%
The FII holding has declined slightly from 10.44% to 10.32%. The FII/FPI investors have declined from 101 to 92 in the September 2024 quarter.
Syrma Share Price For Mutual Funds: 4.31%
Mutual fund investment decreased from 4.54% to 4.31%, however, mutual fund schemes invested in Syrma have increased from 13 to 15. This reflects diversified interest by institutional investors.
Syrma Share Price For Other Domestic Institutions: 2.14%
Domestic Institutional Holding has declined marginally from 16.89% to 16.76% in the quarter ended September 2024. This reflects minor adjustments in domestic institutional holding.
Syrma Share Price Target from 2024 to 2030
| Year | Share Price Target |
| 2024 | ₹658 |
| 2025 | ₹1,014 |
| 2026 | ₹1,160 |
| 2027 | ₹1,328 |
| 2028 | ₹1,521 |
| 2029 | ₹1,739 |
| 2030 | ₹1,991 |
2024: Syrma Share Price Target – ₹658
For 2024, it is estimated that Syrma Share Price will touch the target ₹658. With expansion in the variety of services under electronics manufacturing, Syrma aims to capitalize on growth demands in technology and electronics. With stable fundamentals and an expanding customers’ base in automobiles, telecommunication, among other domains, growth seems to be positive. With the focus of India on building a healthy local electronics manufacturing industry, Syrma is bound to enjoy government support and favorable regulations, making it a very attractive investment option.
Syrma Share Price Target 2025 – ₹1,014
Syrma Share Price can look to a ₹1,014 target for 2025, which will be quite a decent growth considering that the company will expand into new markets and begin incorporating new technologies in operations. With strategic expansions and an enhanced focus on ODM services, Syrma might unlock new revenue streams for investors. With digitalization and increased use of IoT applications, the demand for printed circuit boards and electronic components is bound to go up.
2026: Syrma Share Price Target – ₹1,160
Syrma share price will most likely hit at ₹1,160 levels by 2026. Syrma is very likely to become more powerful in the international market. It can take revenues as well as profit margins too. Its high P/E ratio shows that investors have growth expectations on it, and Syrma will see premium valuation in 2026 with a strong market and revenue growth. Stable promoter holding and strong retail investor base – It continues to bode well for the upward stock trajectory.
2027 Syrma Share Price Target – ₹1,328
The macro trends should stand to help Syrma Share Price through 2027. Global electronics is on an uptrend and digital devices and electronic components are seeing demand rise. Syrma’s consistent R&D with quality products naturally push the share price north. The digital transformation of the Indian and global industry will continue to fuel demand for Syrma’s services, making it a good investment opportunity for investors who are looking to invest in long-term growth in the tech sector.
2028: Syrma Share Price Target – ₹1,521
By 2028, Syrma share price will touch ₹1,521. Its focus on building a more diverse product portfolio and its EMS partnerships will be a significant driver in pushing its valuation up. Increasing adoption of new technologies and improving capabilities in important areas such as automation and analytics may make Syrma the leader in electronics manufacturing in India. This would increase the attraction of the stock towards institutional investors, thus increasing its appeal and valuation.
2029 Syrma Share Price Target – ₹1,739
Syrma Share Price would reach ₹1,739 by FY 2029. Syrma would have significantly improved its production process efficiency and service delivery by this time, and thus would also be in a better position in the EMS space. Foreign institutional holdings could also see an increase as international investors look to bet on India’s booming electronics industry. The growth in domestic and international markets will further support its share price as diversified product offerings make Syrma resilient to market fluctuation.
2030 Syrma Share Price Target – ₹1,991
In the year 2030, the Syrma Share Price will reach ₹1,991. This target has been supported by the capability of Syrma for the scaling of its operation with a competitive edge maintained in the rapidly growing electronics manufacturing market. The global move towards clean energy, electric vehicles, and digital infrastructure perfectly suits Syrma, and it has thrown open doors for Syrma to capture new business opportunities. Long-term confidence in the growth prospects of the company has been reflected in the stable holding pattern of promoters, making Syrma a promising stock for investors seeking long-term appreciation.
Some Key Factors Influencing Syrma Share Price Growth
- EMS: The phenomenal growth in the demand of electronic components and services in EMS offers an excellent opportunity for Syrma with a strong market presence in the EMS segment.
- Institutional Confidence: Though there were minor contractions in institutional holding, positive promoter holding and increasing interest of mutual funds create a solid base for future growth.
- Advanced technology: Advanced technology adoption in PCB manufacturing and ODM services will increase the efficiency of its operations as well as market competitiveness for Syrma.
- Diversified Client Portfolio: With sectors like automotive, healthcare, and telecommunications, the firm has kept the client dependency risk at bay, which makes it an attractive investment destination.
- Government Policies for Electronics Manufacturing: Syrma will benefit from government incentives offered to the country for electronics manufacturing. This aspect will propel its stock upward.
- Unchanged Promoter Holding Percentage: No change in the percentage of holding of promoters clearly indicates the strength of the company in the future and gives investors an element of stability.
Frequently Asked Questions (FAQs) For Syrma Share Price
What is Syrma share price prediction in 2024?
It now estimates Syrma Share Price for 2024 EPS at ₹658, driven by electronics manufacturing services sector growth coupled with continued operational expansion.
Why is Syrma’s P/E ratio is so high compared to an industry standard?
The only reason is that investors have the belief that Syrma will grow, but this growth is primarily induced by high market positioning as well as good EMS sectoral growth.
What are drivers of Syrma Share Price growth prospects?
The key driving forces are EMS growth, technological advancements, institutional support, diversified client base, and government support towards electronics manufacturing.
What can be the stock value of Syrma till 2030?
Syrma Share Price for 2030 is about ₹1,991 owing to its robust growth momentum and its ability to make the most of newly emerging trends in electronics manufacturing.
Syrma: Good or Bad Stock for Long term investment?
Yes, Syrma’s sound base and increasing promoter confidence along with the growth in the electronics sector make it an attractive long-term investment.
How have Syrma’s institutional holding changed lately?
The institutional holding has marginally declined from 16.89% to 16.76%, and FII/FPI and mutual fund holdings have marginally decreased in the September 2024 quarter.
What is Syrma’s dividend yield and its comparison with the industry?
The dividend yield is 0.29%, which means Syrma is relatively less than some of the industrial peers in dividend yield but aligns with its high-growth investment appeal.
Why did Syrma stock decline over the past year?
Syrma’s stock declined, mainly because of corrections and institutional holding fluctuations in the market. However, strong long-term growth drives it.
Syrma SGS Technology Ltd. presents a promising growth story from the electronics manufacturing sector in India. It has got a good EMS foundation, it has a diversified client base and also benefits from government initiatives that support its increasing demand in electronics and technology solutions. A projected increase in Syrma Share Price from ₹658 in 2024 to ₹1,991 in 2030 underlines long-term investment potential for investors seeking EMS industry exposure.
