{"id":108103,"date":"2023-08-25T15:04:12","date_gmt":"2023-08-25T09:34:12","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=108103"},"modified":"2023-08-25T15:04:13","modified_gmt":"2023-08-25T09:34:13","slug":"smallcap-stock-jumps-more-than-8-after-company-appoints-new-ceo-check-the-details","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/smallcap-stock-jumps-more-than-8-after-company-appoints-new-ceo-check-the-details\/","title":{"rendered":"Smallcap stock jumps more than 8% after company appoints new CEO; Check the details"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1152703470\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>This electronic manufacturing stock gained 8.4% in today\u2019s trading session after the company approved and appointed its new CEO with immediate effect.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3259122471\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>Share prices of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/SYRMA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Syrma Limited<\/a><\/strong> opened at Rs. 496.05 and reached its 52- week high at Rs. 539.95. The stock has returned a total of 100.77% in six months and 72.90% consistently in the last 5 years.<\/p><p>On 24th August, 2023, the Board of Directors considered and appointed Mr. Satendra Singh as their new Chief Executive Officer( CEO) with immediate effect. The new CEO was earlier associated with Nokia Helsinki and Flex International. Mr. Singh has finished his Master\u2019s degree in MS Manufacturing Management from BITS Pilani and also participated in an advanced management program from IIM Bangalore.<\/p><p>For Q1FY24, the company has lower margins compared to the last quarter. The revenue for the June quarter stands at Rs. 601.31 crore which is a decrease of 11.51% from Rs. 679.53 crore in the previous quarter. Its net profit for this quarter is Rs. 28.52 crore which is a fall of 32.61% from Rs. 42.32 crore in the previous quarter.<\/p><div class=\"trade-content_5\" id=\"trade-952473446\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Syrma SGS Technology Limited is an electronic manufacturing company. It is a technology based design and engineering company focusing on turnkey electronics manufacturing services (EMS). The company provides a wide range of services to its clients including product design and engineering, ATE programming, and many more.<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Bhumika Khandelwal<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" style=\"object-fit:cover;width:256px;height:256px\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-2854006737\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>This electronic manufacturing stock gained 8.4% in today\u2019s trading session after the company approved and appointed its new CEO with immediate effect. Share prices of Syrma Limited opened at Rs. 496.05 and reached its 52- week high at Rs. 539.95. The stock has returned a total of 100.77% in six months and 72.90% consistently in [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":28546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[948,936,11354,11356,11353,11355],"class_list":["post-108103","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-stock-market","tag-stock-market-news","tag-syrma-latest-news","tag-syrma-new-ceo","tag-syrma-share-price","tag-why-is-syrma-share-going-up"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Smallcap stock jumps more than 8% after company appoints new CEO; Check the details - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"This electronic manufacturing stock gained 5% in today\u2019s trading session after the company approved and appointed its new CEO with immediate effect.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/smallcap-stock-jumps-more-than-8-after-company-appoints-new-ceo-check-the-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Smallcap stock jumps more than 8% after company appoints new CEO; 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