Shares of Moschip Technologies Ltd surged over 5% in Monday’s session, hitting a fresh 52-week high of ₹279.81 on the NSE, compared to a previous close of ₹265.25. The stock has been among the top gainers and most actively traded counters of the day, reflecting strong investor interest following its recent momentum in the semiconductor and embedded design space.
At 10:22 AM, Moschip Technologies shares were trading at ₹279.81, up ₹14.56 or 5.49%, within a day range of ₹265.00 – ₹279.00. The company’s market capitalisation stood at ₹53.52 billion, with a P/E ratio of 136.88, underscoring the high valuations associated with the semiconductor sector’s future growth potential.
The stock also reached an all-time high on the NSE, though it remains listed at higher levels on the BSE, where trading commenced earlier.
Over the past year, Moschip shares have more than doubled from a low of ₹129.98, driven by optimism in India’s semiconductor design and electronics manufacturing initiatives.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
