Archive · 21 Sep 2026
Semiconductor Stocks: Centrum Favors CG Power, Syrma; Cautious on Others
A market analyst looked at several Indian companies linked to semiconductors and electronics.
He liked CG Power the most for a possible short-term rise.
He said it could move toward Rs 980, but suggested limiting losses below Rs 850.
He also liked Syrma SGS because its price pattern appeared to be improving.
He said investors could consider buying it when prices fall instead of chasing sudden gains.
Syrma SGS could potentially reach Rs 1,800-2,000, with a stop loss below Rs 1,560.
The analyst was less positive about Kaynes and Dixon Technology.
His main message was that semiconductor-related stocks may not all perform equally.
Centrum analyst Nilesh Jain identified CG Power as his preferred semiconductor-linked stock.
Jain sees CG Power moving toward Rs 980 and advised a stop loss at Rs 850.
He described Syrma SGS as a buy-on-dips candidate, with potential toward Rs 1,800-2,000.
Jain recommended a stop loss below Rs 1,560 for Syrma SGS.
He said Kaynes and Dixon Technology were underperforming and currently looked less promising.
- Who
- Centrum analyst Nilesh Jain.
- What
- Jain expressed a preference for CG Power and Syrma SGS while remaining cautious on Kaynes and Dixon Technology.
- When
- The timing was described as near term; no specific date was provided.
- Where
- The discussion concerned India’s semiconductor-linked stock market.
- Why
- Jain said chart strength and technical patterns favored CG Power and Syrma SGS, while Kaynes and Dixon Technology were underperforming.
- Preferred stock
- CG Power
- CG Power target
- Rs 980
- CG Power stop loss
- Rs 850
- Syrma SGS view
- Buy on dips
- Syrma SGS potential range
- Rs 1,800-2,000
- Syrma SGS stop loss
- Below Rs 1,560
- Cautious names
- Kaynes and Dixon Technology