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.