NSE:HEROMOTOCO 4 September 2025 - 8 December 2025

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 and net profit of ₹16 crore Tradebrains, 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 at end-June 2025, and by early September had amassed 1,525,000 shares Tradebrains. Business Standard reports that by early August he already held ~11.7% of ASM Business Standard. Agrawal’s buying coincided with an almost 200% rally in the stock over five months Business Standard, suggesting strong confidence. Industry analysts note that ASM is capitalizing on India’s burgeoning semiconductor ecosystem. The company has signed MoUs with Tamil Nadu and Karnataka state governments to invest ₹250 crore and ₹510 crore respectively in cutting-edge design and manufacturing facilities Tradebrains Tradebrains. ASM’s Managing Director Rabindra Srikantan explains that the “₹250 crore investment…will expand our design-led manufacturing capabilities in the ESDM [electronic systems design & manufacturing] sector…underscoring our commitment to innovation and global competitiveness” Dsij. The firm also has a JV to produce semiconductor equipment and is setting up India’s first semiconductor-focused equipment plant