Mumbai, Feb. 1 -- Shares of electronics manufacturing companies rallied after Finance Minister Nirmala Sitharaman, in the Union Budget 2026, announced a Rs 40,000 crore allocation for the electronics components manufacturing scheme, significantly strengthening the outlook for India's domestic electronics ecosystem.
Dixon Technologies (up 4.26%), Amber Enterprises (up 5.59%), Syrma SGS Technology (up 4.07%), Kaynes Technology (up 3.73%), PG Electroplast (up 2.75%), Cyient DLM (up 1.04%), Avalon Technologies (up 3.25%), CG Power and Industrial Solutions (up 5.17%), and Amber Enterprises India (up 5.12%) edged higher.
The rally was further supported by the government's announcement of India Semiconductor Mission 2.0, aimed at strengthening s...