Stock Market Sizzle: Mukul Agrawal’s Semiconductor Coup, PTC India Promoter Drama, and Morgan Stanley’s ₹201Cr Shopping Spree
Mukul Agrawal’s Bet on ASM Technologies ASM Technologies Ltd – an Indian engineering services and design-led manufacturing firm – has been a hot stock this year. The company reported Q1FY26 revenues of ₹123 crore (up 132% YoY) and net profit of ₹16 crore (up 433%) tradebrains.in, beating expectations. Investors have taken note: Mukul Mahavir Agrawal, a well-known corporate investor, more than doubled his stake in ASM during recent quarters. He held 762,500 shares (6.48%) at end-June 2025, and by early September had amassed 1,525,000 shares (10.86%) tradebrains.in. Business Standard reports that by early August he already held ~11.7% of ASM