Syrma SGS Technology witnessed a robust 4 percent surge in early trade on November 28, propelled by the establishment of its wholly-owned subsidiary, Syrma Semicon Private Limited (SSPL).
As of 9:15 am, the Syrma SGS Technology stock displayed a trading value of Rs 577 on the NSE.
The incorporation of SSPL, disclosed through a filing with BSE, outlines the subsidiary’s comprehensive engagement in the computer and electronics realm.
SSPL is poised to delve into diverse facets of the industry, encompassing the design, manufacturing, buying, selling, assembling, exporting, importing, distributing, and acting as an agent or dealer for a spectrum of electronic products. Key focus areas include memory chips, memory modules, PCB assemblies, and various storage products, signaling Syrma SGS Technology’s strategic expansion into the dynamic landscape of technology and electronics.