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SGIL
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- 1M
- 6M
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Revenue Mix
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Recent events
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News
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Corporate Actions
India's Synergy Green jumps on deal with wind turbines equipment co
** Synergy Green Industries SYNR.NS climbs 4.8% to 474.3 rupees; set to snap three straight sessions of losses
** Metal castings firm enters into supply agreement with wind turbines equipment co Envision Energy to make wind turbine castings
** Co did not disclose any financial details about the deal
** More than 130,000 shares traded, 1.8x the 30-day avg
** Stock up ~8% so far this week, extending YTD gains to ~53%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
** Synergy Green Industries SYNR.NS climbs 4.8% to 474.3 rupees; set to snap three straight sessions of losses
** Metal castings firm enters into supply agreement with wind turbines equipment co Envision Energy to make wind turbine castings
** Co did not disclose any financial details about the deal
** More than 130,000 shares traded, 1.8x the 30-day avg
** Stock up ~8% so far this week, extending YTD gains to ~53%
(Reporting by Manvi Pant in Bengaluru)
(([email protected]; +918447554364;))
India's Synergy Green Industries rises on order from Senvion Wind Technology
** Shares of wind turbine casting maker Synergy Green Industries SYNR.NS rise as much as 9.5% to 361.05 rupees, last up 7.1%
** Co says Senvion Wind Technology (SWT) finalized the development order for 4 MW parts; SYNR order book with SWT estimated to grow by 100% during next two years
** SYNR on track for second straight session of gains
** Busiest session for the stock since late April; more than 81,000 shares change hands, over four times the 30-day
** Stock up ~11% YTD, had more than doubled in 2023
(Reporting by Dimpal Gulwani in Bengaluru)
** Shares of wind turbine casting maker Synergy Green Industries SYNR.NS rise as much as 9.5% to 361.05 rupees, last up 7.1%
** Co says Senvion Wind Technology (SWT) finalized the development order for 4 MW parts; SYNR order book with SWT estimated to grow by 100% during next two years
** SYNR on track for second straight session of gains
** Busiest session for the stock since late April; more than 81,000 shares change hands, over four times the 30-day
** Stock up ~11% YTD, had more than doubled in 2023
(Reporting by Dimpal Gulwani in Bengaluru)
Synergy Green Industries Finalized Development Order For 4 MW Parts To Senvion Wind Technology
June 20 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
FINALIZED DEVELOPMENT ORDER FOR 4 MW PARTS TO SENVION WIND TECHNOLOGY
DEVELOPMENT PROJECTED TO COMPLETE DURING FY 2024-25, COMMENCE SERIAL PRODUCTION IN FY 2025-26
ORDER BOOK IS ESTIMATED TO GROW BY 100% DURING NEXT TWO YEARS
Source text for Eikon: ID:nNSE1g2xGy
Further company coverage: SYNR.NS
(([email protected];))
June 20 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
FINALIZED DEVELOPMENT ORDER FOR 4 MW PARTS TO SENVION WIND TECHNOLOGY
DEVELOPMENT PROJECTED TO COMPLETE DURING FY 2024-25, COMMENCE SERIAL PRODUCTION IN FY 2025-26
ORDER BOOK IS ESTIMATED TO GROW BY 100% DURING NEXT TWO YEARS
Source text for Eikon: ID:nNSE1g2xGy
Further company coverage: SYNR.NS
(([email protected];))
Synergy Green Industries Says Appointment Of Pratik Dunakde As CFO
May 22 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
APPOINTMENT OF PRATIK DUNAKDE AS CFO
SUHAS KULKARNI RETIRES AS CFO
Source text for Eikon: ID:nBSE5mXC31
Further company coverage: SYNR.NS
(([email protected];))
May 22 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
APPOINTMENT OF PRATIK DUNAKDE AS CFO
SUHAS KULKARNI RETIRES AS CFO
Source text for Eikon: ID:nBSE5mXC31
Further company coverage: SYNR.NS
(([email protected];))
Synergy Green Industries Approves Raising Funds
March 14 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
APPROVED RAISING FUNDS
APPROVED RAISING FUNDS THROUGH ISSUE OF FULLY PAID-UP EQUITY SHARES ON RIGHTS BASIS
Source text for Eikon: ID:nBSE75Pjqf
Further company coverage: SYNR.NS
(([email protected];))
March 14 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
APPROVED RAISING FUNDS
APPROVED RAISING FUNDS THROUGH ISSUE OF FULLY PAID-UP EQUITY SHARES ON RIGHTS BASIS
Source text for Eikon: ID:nBSE75Pjqf
Further company coverage: SYNR.NS
(([email protected];))
Indian power stocks gain on solar rooftop plan in budget
** Shares of Tata Power TTPW.NS, Websol Energy WESL.NS, Synergy Green SYNR.NS, Power Grid PGRD.NS up 1%-5%
** 10 mln houses to get free electricity via solar rooftops, India's Finance Minister said in budget speech
** TTPW had smallest climb at 1%, WESL hit upper circuit at up 5%
(Reporting by Varun Vyas in Bengaluru)
** Shares of Tata Power TTPW.NS, Websol Energy WESL.NS, Synergy Green SYNR.NS, Power Grid PGRD.NS up 1%-5%
** 10 mln houses to get free electricity via solar rooftops, India's Finance Minister said in budget speech
** TTPW had smallest climb at 1%, WESL hit upper circuit at up 5%
(Reporting by Varun Vyas in Bengaluru)
Synergy Green Industries Re-Appoints Sachin Shirgaokar As Chairman, MD
Aug 9 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
RE-APPOINTS SACHIN SHIRGAOKAR AS CHAIRMAN, MD
RE-APPOINTS SOHAN SHIRGAOKAR AS JOINT MD
Source text for Eikon: ID:nBSE33LtB6
Further company coverage: SYNR.NS
(([email protected];;))
Aug 9 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
RE-APPOINTS SACHIN SHIRGAOKAR AS CHAIRMAN, MD
RE-APPOINTS SOHAN SHIRGAOKAR AS JOINT MD
Source text for Eikon: ID:nBSE33LtB6
Further company coverage: SYNR.NS
(([email protected];;))
India's Synergy Green hits over 1-yr high on 25% revenue growth forecast
** Shares of Synergy Green Industries Ltd SYNR.NS up as much as 15.4% to 206 rupees, their highest since April 21, 2022
** Wind turbine castings maker on Thursday, in an investor presentation after market hours, said it forecasts a revenue growth of 25% for next two years
** Says capacity expansion in progress to increase from 30,000 MT to 45,000 MT by FY25-26 and should further increase to 100,000 MT by FY26-27
** Over 123,000 shares change hands by 09:33 a.m. IST, 2.1x the 30-day moving avg
** As of last close, stock up ~33% so far this year
(Reporting by Kashish Tandon in Bengaluru)
** Shares of Synergy Green Industries Ltd SYNR.NS up as much as 15.4% to 206 rupees, their highest since April 21, 2022
** Wind turbine castings maker on Thursday, in an investor presentation after market hours, said it forecasts a revenue growth of 25% for next two years
** Says capacity expansion in progress to increase from 30,000 MT to 45,000 MT by FY25-26 and should further increase to 100,000 MT by FY26-27
** Over 123,000 shares change hands by 09:33 a.m. IST, 2.1x the 30-day moving avg
** As of last close, stock up ~33% so far this year
(Reporting by Kashish Tandon in Bengaluru)
Synergy Green Industries Says 25% Revenue Growth Forecasted For Next Two Years
June 22 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
AROUND 25% REVENUE GROWTH FORECASTED FOR NEXT TWO YEARS
Source text for Eikon: ID:nBSE4V5DRZ
Further company coverage: SYNR.NS
(([email protected];))
June 22 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
AROUND 25% REVENUE GROWTH FORECASTED FOR NEXT TWO YEARS
Source text for Eikon: ID:nBSE4V5DRZ
Further company coverage: SYNR.NS
(([email protected];))
Synergy Green Industries March-Qtr Profit Rises
May 26 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
RE-APPOINTS SUHAS KULKARNI AS CFO
INDIA'S SYNERGY GREEN INDUSTRIES MARCH-QUARTER PROFIT 34.3 MILLION RUPEES VERSUS PROFIT 19.2 MILLION RUPEES
SYNERGY GREEN INDUSTRIES MARCH-QUARTER REVENUE FROM OPERATIONS 851.8 MILLION RUPEES VERSUS 822.1 MILLION RUPEES
Source text for Eikon: ID:nBSE1wlvCB
Further company coverage: SYNR.NS
(([email protected];;))
May 26 (Reuters) - Synergy Green Industries Ltd SYNR.NS:
RE-APPOINTS SUHAS KULKARNI AS CFO
INDIA'S SYNERGY GREEN INDUSTRIES MARCH-QUARTER PROFIT 34.3 MILLION RUPEES VERSUS PROFIT 19.2 MILLION RUPEES
SYNERGY GREEN INDUSTRIES MARCH-QUARTER REVENUE FROM OPERATIONS 851.8 MILLION RUPEES VERSUS 822.1 MILLION RUPEES
Source text for Eikon: ID:nBSE1wlvCB
Further company coverage: SYNR.NS
(([email protected];;))
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Popular questions
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What does Synergy Green Inds. do?
Synergy Green Industries (SGIL) is a company established in 2010 specializing in foundry business, manufacturing a variety of castings including industrial, turbine, metal, steel castings, and Windmill Parts.
Who are the competitors of Synergy Green Inds.?
Synergy Green Inds. major competitors are Azad Engineering, Sansera Engineering, Nelcast, Tirupati Forge, Rishabh Instruments, Invts & Precisn Cast, Alicon Castalloy. Market Cap of Synergy Green Inds. is ₹726 Crs. While the median market cap of its peers are ₹1,106 Crs.
Is Synergy Green Inds. financially stable compared to its competitors?
Synergy Green Inds. seems to be less financially stable compared to its competitors. Altman Z score of Synergy Green Inds. is 5.11 and is ranked 4 out of its 8 competitors.
Does Synergy Green Inds. pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Synergy Green Inds. latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Synergy Green Inds. allocated its funds?
Companies resources are allocated to majorly productive assets like Plant & Machinery and unproductive assets like Accounts Receivable
How strong is Synergy Green Inds. balance sheet?
Balance sheet of Synergy Green Inds. is strong. But short term working capital might become an issue for this company.
Is the profitablity of Synergy Green Inds. improving?
Yes, profit is increasing. The profit of Synergy Green Inds. is ₹16.31 Crs for TTM, ₹11.56 Crs for Mar 2024 and ₹0.87 Crs for Mar 2023.
Is the debt of Synergy Green Inds. increasing or decreasing?
Yes, The debt of Synergy Green Inds. is increasing. Latest debt of Synergy Green Inds. is ₹97.76 Crs as of Sep-24. This is greater than Mar-24 when it was ₹59.22 Crs.
Is Synergy Green Inds. stock expensive?
Synergy Green Inds. is expensive when considering the EV/EBIDTA, however latest PE is < 3 yr avg PE. Latest PE of Synergy Green Inds. is 44.49, while 3 year average PE is 63.36. Also latest EV/EBITDA of Synergy Green Inds. is 17.58 while 3yr average is 13.47.
Has the share price of Synergy Green Inds. grown faster than its competition?
Synergy Green Inds. has given better returns compared to its competitors. Synergy Green Inds. has grown at ~36.81% over the last 1yrs while peers have grown at a median rate of 10.03%
Is the promoter bullish about Synergy Green Inds.?
Promoters seem to be bullish about the company. Latest quarter promoter holding is 69.81% and last quarter promoter holding is 69.77%.
Are mutual funds buying/selling Synergy Green Inds.?
There is Insufficient data to gauge this.