HDFC Securities anticipates growth in India's Electronics Manufacturing Services sector due to PLI incentives, China+1 strategy, and rising exports. They recommend Syrma SGS as a top pick with a target price of ₹920. Dixon Tech receives an 'Add' rating at ₹10,740, Amber Enterprises gets a 'Buy' rating at ₹8,300, while Kaynes Technology is reduced to 'Reduce' at ₹3,810.

The Electronics Manufacturing Services (EMS) sector is experiencing growth due to government PLI incentives and supply chain diversification efforts. Notable stocks to watch in this sector include Syrma, Dixon, Kaynes, and Amber, according to HDFC Securities.

Amber Enterprises' subsidiary, IL JIN, recently purchased a 16.6% share in MoMagic for approximately INR 19.9 crore. The acquisition took place through a fresh equity issue on April 3, 2026.

Amber Enterprises has completed the acquisition of the remaining 50% share in Amber Resojet, making it a fully-owned subsidiary for approximately INR 1.74 crore.

Amber's IL JIN has increased its ownership in Unitronics to nearly 50% by acquiring an additional 4.85%, confirming compliance with SEBI regulations following previous disclosures through ILJIN Holding.

Amber Enterprises' subsidiary, Sidwal, has offloaded its 49% share in the joint venture Shivaliks Mercantile for an estimated INR 1.1L. Notably, Shivaliks was completely written off by December 2025, making it no longer a part of the joint venture.