The shares of Moschip Technologies have seen significant surge recently, rallying around 48 percent in just six sessions. The stock jumped nearly 10 percent to hit a fresh 52-week high of Rs 244.79 apiece on September 5.
Moschip Technologies, which is an India-based semiconductor and system design services company, has seen significant surge in its share price amid India's push to design and build semiconductor chips. The shares currently have a P/E ratio of 217.60.
The sharp rise in the share price comes as the stock sees heavy trading volumes. Nearly 255 lakh shares worth around Rs 608 crore have already changed hands in trade today, according to data on NSE at 12.30 pm.
Promoters and promoter groups held 44.28 percent stake in the company, while general public held 55.62 percent stake as on June 30, according to data on the company’s shareholding pattern available on NSE.
Moschip Technologies reported a consolidated net profit of Rs 10.9 crore for the first quarter of the financial year 2026. This is 174 percent higher than the Rs 3.98 crore net profit reported in the corresponding quarter of the previous financial year.
The firm's revenue from operations meanwhile surged nearly 69 percent on-year to Rs 135.59 crore during the quarter under review.
Earlier this month, India crossed a key milestone in its semiconductor journey with the unveiling of VIKRAM3201 - the country's first fully indigenous 32-bit space-grade microprocessor. Developed by the Semiconductor Laboratory (SCL) of ISRO in Mohali, the chip was presented to Prime Minister Narendra Modi by Union IT and Communications Minister Ashwini Vaishnaw at the inauguration of Semicon India 2025.
"This is India’s first truly 'Make-in-India' space-grade microprocessor, a testament to the vision of Atmanirbhar Bharat," Vaishnaw said while handing the chip to the Prime Minister.
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