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EMS players rally after govt extends customs duty sops
Electronic manufacturing services players' shares rose Thursday after duty concessions were extended. This relief covers machinery for lithium-ion battery and display component manufacturing. The government's move reinforces its commitment to the domestic electronics ecosystem. Shares of Syrma SGS Technology and Dixon Technologies are strong performers. This import duty concession should act as a tailwind for the sector.
Syrma SGS to Kaynes Tech: EMS stocks jump up to 7.5% as Centre waives customs duty on key electronic components
The government's waiver of basic customs duty on electronics manufacturing components until 2029 led to sharp stock gains for companies like Kaynes Technology. This initiative aims to enhance domestic production of electronics and support India's goal of becoming a global manufacturing hub.
Dixon, Kaynes, Amber, Syrma surge up to 5%; what's driving EMS stocks?
The government extended customs duty concessions on a range of machinery and components used in electronics manufacturing until March 31, 2029.
Dixon, Kaynes Tech Shares Up 5%: EMS Stocks In Focus After Government Waives Customs Duty On Key Parts
Dixon, Syrma SGS, Avalon Technologies and Kaynes shares rallied up to 6% after the government waived customs duty on key electronics components.
EMS Q1 Preview: Amber Gets 'Buy', Cyient DLM 'Hold' — Check PL Capital's Target Prices, Key Triggers, Upside
PL Capital expects its coverage universe to report 24.2% YoY revenue growth, while Ebitda and PAT are likely to rise 21.3% and 26.5%, respectively, during the June quarter.
Kaynes Technology Shares Slump 56% From Peak. Can Semiconductors Drive Its Next Phase Of Growth?
The EMS company is betting on semiconductors, PCB manufacturing and design-led products after missing its own growth targets and seeing its valuation shrink.
Kaynes Tech, Syrma Top Jefferies Picks Over Dixon Tech In EMS Space On PLI Component Push
Jefferies says the next phase of India's electronics manufacturing incentive programme is likely to favour component makers over assembly-led EMS companies, backing Kaynes Technology and Syrma SGS while retaining a Hold rating on Dixon Technologies.
Jyoti CNC Shares May Rally 28%, Says Nirmal Bang On Strong Domestic Demand — Check Target Price
The brokerage expects the domestic CNC machine volume to grow more than 30% in FY27E, backed by rise in consumption in auto and auto ancillary industries, general engineering, EMS, and aerospace equipment manufacturing industries.
Syrma SGS zooms 100% from March low; should you buy, hold or sell?
Syrma has entered into a JV with Japan-based Kaga Electronics to establish a technologically advanced EMS manufacturing facility in India focused on serving Japanese customers.
Syrma SGS Tech climbs after inking pact with Kaga Electronics to set up EMS facility
Syrma SGS Technology rallied 3.95% to Rs 1388.05 after the company entered into an agreement with Kaga Electronics India to develop EMS manufacturing facility in India through a joint venture (JV).
Volume buzzers: NOCIL, Subros, EMS, Kirloskar Ind, EPACK zoom up to 20%
NOCIL hit the 20% upper circuit on Monday on reports that the government imposed anti-dumping duties on imports of Sulphenamides Accelerators from China, the EU and the US for a period of five years.
NOCIL Ltd leads gainers in 'B' group
Blue Cloud Softech Solutions Ltd, Kirloskar Industries Ltd, Igarashi Motors India Ltd and EMS Ltd are among the other gainers in the BSE's 'B' group today, 22 June 2026.