Syrma SGS offers a high-risk bet on fast-growing electronics production

Syrma SGS offers a high-risk bet on fast-growing electronics production

ET Intelligence group: Syrma SGS, a Chennai-based manufacturer of electronic components, plans to raise Rs 766 crore through a fresh issue of shares to fund capital expenditure towards research and development and to meet long-term working capital requirements. Also, the promoters will offload shares worth up to Rs 73 crore. With an export focus, the … Read more

Buy or Sell? Multibagger stock riding on ‘Make in India’ theme down 46% from peak!

Buy or Sell? Multibagger stock riding on ‘Make in India’ theme down 46% from peak!

NEW DELHI: A direct beneficiary of India’s ‘Make in India’ and ‘Make for the World’ manufacturing push, multibagger midcap stock Dixon Technologies has given fabulous returns of over 650 per cent to investors in the last three years. On October 19, the day Nifty hit its peak, the stock also touched an all-time high of … Read more

Apple vendors, Samsung, others propose Rs 11 lakh crore mobile phone production under PLI scheme

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NEW DELHI: iPhone maker Apple’s contract manufacturers, as well as firms like Samsung, Lava and Dixon have proposed to produce mobile devices and components of over Rs 11 lakh crore in the next five years under the government’s new scheme to boost electronics manufacturing, according to sources. The proposals submitted by the companies to the … Read more