New Delhi, Feb. 5 -- Shares of Syrma SGS Technology, a leading Electronic Systems Design and Manufacturing (ESDM) company, have witnessed a sharp rebound, surging 34% over the past six sessions to the previous close of Rs.563.45. The rally follows the company's strong December quarter performance, which was released on January 28.

The company's performance over the past two quarters has been in sharp contrast to previous periods, as it has shifted its focus to higher margin segments such as Industrial, and lower working capital. Analysts believe this could significantly enhance its Return on Capital Employed (RoCE) profile.

Analysts remain optimistic about Syrma, expecting a 500 basis points (bps) improvement in RoCE over the next two y...