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Semiconductor stock in which Mukul Agrawal increased his stake by 4.38% in September

Synopsis:
A global leader in design-led manufacturing and ER&D, the company reported strong Q1FY26 growth, expanded its stakeholding, and plans significant investments in Tamil Nadu and Karnataka, enhancing ESDM capabilities, creating jobs, and strengthening India’s semiconductor and electronics ecosystem.

Semiconductor Stock

India’s Semiconductor stock sector is surging, projected to reach $64 billion by 2026, led by strong domestic demand and major investments. Government initiatives like the $10 billion incentive scheme have attracted global giants such as Micron and Tata. The sector aims to position India among the top semiconductor hubs worldwide, creating thousands of jobs and boosting innovation.

With a market capitalization of Rs 5,811.16 crore, the shares of ASM Technologies Ltd closed at Rs 4,139.90 per share, decreased around 5 percent as compared to the previous closing price of Rs 4,357.75 apiece.

Mukul Mahavir Agrawal increased his stake in ASM Technologies Ltd in September 2025. His shareholding rose from 762,500 shares (6.48%) held consistently since July 2024 to 1,525,000 shares (10.86%). This addition of 762,500 shares marks a major boost in confidence, signaling his stronger commitment to the company’s future performance and growth potential.

Overview, operational performance and more

ASM Technologies Limited is a global leader in Engineering Services and Design-Led Manufacturing, seamlessly weaving together engineering expertise and design ingenuity. It offers end-to-end ER&D and design-led manufacturing, with operations across key global markets, including the USA, Singapore, UK, Canada, Japan, and Mexico, runs four manufacturing facilities, and has made strategic investments like a JV with HHV and full acquisition of Semcon India.

ASM Technologies Ltd is not a chip manufacturer itself, but it plays a critical enabling role in the semiconductor value chain, involving designing and engineering semiconductor tools and subsystems, and manufacturing precision components for semiconductor equipment, R&D and many others, with expansions involving high capex.

Recently, ASM Technologies Limited has signed an MoU with the Tamil Nadu government to invest Rs. 250 crore. The company will acquire 5 acres to establish a cutting-edge design facility, expanding its ESDM and precision engineering capabilities. This move strengthens ASM’s presence in Tamil Nadu’s growing tech manufacturing ecosystem, offering strategic and long-term advantages.

Growth and Innovation

Further, the company also signed an MoU with the Karnataka government to invest Rs. 510 crore in the ESDM sector. This will establish two advanced facilities, boost engineering and manufacturing jobs, and expand design-led manufacturing. The initiative also solidifies India’s semiconductor and electronics supply chain leadership, aligning with major government-backed industry growth and innovation efforts.

The company delivered strong financial growth in Q1FY26, with revenue surging 132% YoY from Rs 53 crore to Rs 123 crore. Net profit jumped even more sharply, rising 433% from Rs 3 crore to Rs 16 crore, reflecting improved margins and efficient cost management, signaling robust operational performance.

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