SYRMA SGS: JV WITH ITALY’S ELMATEST INAUGURATES HIGH-RELIABILITY ELECTRONICS FACILITY IN BENGALURU 🚀
🇮🇳🇮🇹 Syrma SGS Elmatest, the JV between Syrma SGS and Italy-based Elmatest, has inaugurated a new high-reliability electronics manufacturing facility in Bengaluru.
🏢 The facility spans around 20,000 sq ft at Bommasandra Industrial Area.
⚙️ Equipped with advanced Surface Mount Technology (SMT), Through-Hole Technology (THT) and box-build assembly lines.
🚆✈️🩺 Facility will cater to high-reliability sectors including railways & transportation, industrial electronics, energy and medical electronics.
📊 Syrma SGS holds 60% stake in the joint venture, while Elmatest holds 40%.
🌍 JV combines Syrma SGS’s large-scale manufacturing capabilities with Elmatest’s expertise in electronic design, engineering, quality and high-reliability manufacturing.
🟢 Impact: Positive — expands Syrma SGS’s capabilities in higher-value, high-reliability electronics and strengthens its ability to serve both Indian and global OEM customers.
🇮🇳🇮🇹 Syrma SGS Elmatest, the JV between Syrma SGS and Italy-based Elmatest, has inaugurated a new high-reliability electronics manufacturing facility in Bengaluru.
🏢 The facility spans around 20,000 sq ft at Bommasandra Industrial Area.
⚙️ Equipped with advanced Surface Mount Technology (SMT), Through-Hole Technology (THT) and box-build assembly lines.
🚆✈️🩺 Facility will cater to high-reliability sectors including railways & transportation, industrial electronics, energy and medical electronics.
📊 Syrma SGS holds 60% stake in the joint venture, while Elmatest holds 40%.
🌍 JV combines Syrma SGS’s large-scale manufacturing capabilities with Elmatest’s expertise in electronic design, engineering, quality and high-reliability manufacturing.
🟢 Impact: Positive — expands Syrma SGS’s capabilities in higher-value, high-reliability electronics and strengthens its ability to serve both Indian and global OEM customers.
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Nifty back above 23,900; Nifty Auto, Consumer durables, Gold Financers' stocks off lows
PINE LABS:
CO APPOINTS JAYARAM KARTHIK AS CHIEF OPERATIONS OFFICER
HE HAS HELD LEADERSHIP POSITIONS AT AMERICAN EXPRESS, CITIBANK, AMAZON, TATA AND RAZORPAY
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HE HAS HELD LEADERSHIP POSITIONS AT AMERICAN EXPRESS, CITIBANK, AMAZON, TATA AND RAZORPAY
Swiggy is down 6% in 2 days. What would you do?
Anonymous Poll
30%
Buy the dip 📈
45%
Sell before it falls more 📉
30%
Hold and wait it out⏳
MARKET BUZZ: DEALERS’ DESK - NDTV PROFIT
• NELCO: Buy flows on PMS desk; dealers expect positive newsflow
• ASTER DM: Promoters likely buyers, as per dealer indications
• KILBURN ENG: Buy flows on large HNI desk; possible order win
• TATA POWER: Dealers recommending buy calls; arbitration concerns seen as largely priced in; buzz of potential brokerage upgrade
• GENUS POWER: Buzz of potential block deal; possibly final round of stake sale
• PAYTM: Buzz of finer details on MDR to emerge soon
• EMAMI: Buzz of potential buyback announcement
• KALYAN JEWELLERS: Buy flows on institutional desk; higher delivery volumes seen
• NELCO: Buy flows on PMS desk; dealers expect positive newsflow
• ASTER DM: Promoters likely buyers, as per dealer indications
• KILBURN ENG: Buy flows on large HNI desk; possible order win
• TATA POWER: Dealers recommending buy calls; arbitration concerns seen as largely priced in; buzz of potential brokerage upgrade
• GENUS POWER: Buzz of potential block deal; possibly final round of stake sale
• PAYTM: Buzz of finer details on MDR to emerge soon
• EMAMI: Buzz of potential buyback announcement
• KALYAN JEWELLERS: Buy flows on institutional desk; higher delivery volumes seen
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HAL
₹13500 Cr approved for design of IMRH , HAL is developing the design of IMRH - CNBC AWAAZ
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Market Wizard
HAL: CCS APPROVAL ON MULTI ROLE HELICOPTER SOON
From CNBCAwaaz sources: Cabinet Committee on Security (CCS) likely to approve multi-role helicopter soon
🚁HAL Is Developing The Design For The Multi-Role Helicopter
🚁Costing Committee Has Approved ₹13,500 Crore For Multi-Role Helicopter's Design
🚁CCS Approval For The Design And Development Of The Multi-Role #Helicopter Likely In The First Phase
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🚁Costing Committee Has Approved ₹13,500 Crore For Multi-Role Helicopter's Design
🚁CCS Approval For The Design And Development Of The Multi-Role #Helicopter Likely In The First Phase
MARKET AT CLOSE
Market Remains Weak As Global Cues Turn Unfavourable
Nifty Ends Below 24,000, Lowest Closing Level In More Than A Month
Sensex Falls 374 Points To 76,570 & Nifty 141 Points Το 23,914
Nifty Bank Slips 238 Points To 57,172 & Midcap Index 333 Points To 63,002
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Auto Stocks See Selling Pressure On Mixed Aug Print, Nifty Auto Down 2%
Market Remains Weak As Global Cues Turn Unfavourable
Nifty Ends Below 24,000, Lowest Closing Level In More Than A Month
Sensex Falls 374 Points To 76,570 & Nifty 141 Points Το 23,914
Nifty Bank Slips 238 Points To 57,172 & Midcap Index 333 Points To 63,002
Reliance Lends Support While IT & Autos Drag Market
Auto Stocks See Selling Pressure On Mixed Aug Print, Nifty Auto Down 2%
U.S. AMBASSADOR TO INDIA SERGIO GOR SAYS
Dr. S Jaishankar and Piyush Goyal are my favourite ministers
We're co-designing the future of mobility
US India relationship stands at the highest point
India US working on military to pharmacies to data centres to Moon
India among the first to join Pax Silica
India's automotive industry is self reliable and are trusted partners
Dr. S Jaishankar and Piyush Goyal are my favourite ministers
We're co-designing the future of mobility
US India relationship stands at the highest point
India US working on military to pharmacies to data centres to Moon
India among the first to join Pax Silica
India's automotive industry is self reliable and are trusted partners
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