Syrma SGS Technology543573Electronics manufacturing services
Syrma SGS Technology stock fell nearly 6% despite the company raising its full-year revenue growth guidance to 40-45%
By ScoutQuest · · 1 min read
- Stock price decline today
- 6 percent
- Revised revenue growth guidance
- 40 to 45 percent
- Previous revenue growth guidance
- 30 to 35 percent
- Expected revenue this year
- 7,000 crore rupees
- First half growth
- 71 percent
Heard on business television between 15:06:00 - 15:09:00 IST.
- Stock tanked almost 6% despite strong guidance revision from 30-35% to 40-45%, with revenues expected at almost 7,000 crores this year.
- First-half growth was 71%, implying second-half growth of only about 25%, which the analyst said prompted the market reaction.
- Management cited supply chain concerns, Middle East challenges and the US midterm election as reasons for not raising guidance further despite strong H1 performance.
- Management said increasing export guidance and higher ODM share would help margins.
- Order book stood at 7,420 crores versus last year's revenue of 4,800 crores, with margins estimated at 10 to 10.5%.
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Source: Live TV News Channel · 2 Nov 2026
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