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Hot Stocks: 2 stocks that may give over 21% returns
Brokerages initiated coverage on Syrma SGS and Vedanta Aluminium with buy ratings. HSBC set a price target of Rs 1,750 for Syrma SGS, implying a 21.4% upside. Motilal Oswal Financial set a Rs 540 target for Vedanta Aluminium, indicating a 21.6% potential gain. These targets suggest significant returns over current trading prices. Both companies are seen as having strong growth prospects and structural advantages.
Stock Picks Today: Dr Lal Path, Axis Bank, Syrma SGS, Delhivery, And More On Brokerages' Radar
Brokerages' Radar
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.
Here are two reasons why Syrma SGS Tech shares gained up to 5% today
This is an extension of the existing Nil BCD benefit rather than a fresh duty reduction. The amendment ensures these components continue to enjoy duty-free imports through March 2029, providing long-term policy visibility for manufacturers.
Dixon Tech, Syrma SGS, Amber shares surge up to 6%. What does customs duty relief mean?
Shares of Dixon Technologies, Syrma SGS Technologies and Amber Enterprises rallied after the Centre expanded customs duty exemptions on electronics manufacturing machinery and components until 2029. The move is expected to reduce import costs, improve margins, encourage fresh investments and strengthen India's electronics manufacturing ecosystem across batteries, displays and smartphones.
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.
Syrma SGS, Dixon Tech, Amber shares gain up to 5% after this positive development
Syrma SGS holds a distinct competitive edge in the domestic manufacturing of magnetic products, including inductor coils, chokes and transformers.
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.
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 Technology shares jump 5% after JV pact with Japan’s Kaga Electronics
Syrma SGS Technology's shares jumped nearly 5% after announcing a significant joint venture with Japan's Kaga Electronics. This collaboration aims to establish a cutting-edge manufacturing facility in India, primarily serving Japanese clients and bolstering Syrma's presence in high-value electronics. The partnership, with Syrma holding a 60% stake, is seen as a strategic move to capitalize on global supply chain diversification and India's growing appeal for Japanese manufacturing expansion.
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).
Syrma SGS soars 25% in 3 weeks, at new high; should you buy, hold or sell?
Syrma SGS share price: The stock price of Syrma SGS Technology has more-than-doubled or zoomed 101 per cent from its January 2026 low of ₹634.15 on the BSE.