Syrma SGS Shares Soar 11% on Strong Q3 Results, Best January Since Listing

• Syrma SGS Technology Ltd. shares surged up to 11% after reporting strong third-quarter earnings that surpassed Street estimates.
• Revenue increased 45% year-over-year to ₹1,264 crore, with export revenue growing 24% and contributing 26% to the mix.
• EBITDA margin expanded significantly by 350 basis points annually and 250 basis points sequentially to 12.6%.
• The company witnessed strong growth across all segments, including auto (44%), consumer (43%), industrial (45%), healthcare (48%), and IT and railways (65%).
• Morgan Stanley maintains an 'equal-weight' rating with a target price of ₹712, noting strong, margin-led earnings and export growth.

Why It Matters: Syrma SGS delivered robust Q3 results, driving significant stock gains and its best January performance since listing.