New Delhi, Sept. 2 -- It isn't often that you see brokerages falling over each other to get behind a company. But, of late, they have been doing that with one name, especially after its quarterly results in July.

Jefferies and Nuvama have issued 'buy' ratings for the company with a 12-month price target of Rs.800. IIFL Capital is even more optimistic, projecting Rs.887 over 12 months.

And, Franklin Templeton mutual fund increased its aggregate shareholding in the company to 5.07% from 4.97% of its total paid-up equity share capital earlier, as per a disclosure to market regulator Sebi in July.

The company in question is Syrma SGS Technology Ltd-its stock has risen 70% in the last one year and closed at Rs.760 a share on 2 September.

A...