Shares of Electronic Design Company for Semiconductor and Defence Industry Hit Upper Circuit for 2 Consecutive Days, FIIs Bought 1,13,526 Shares!

The company’s shares have delivered a multibagger return of over 180 per cent in the past 1 year.

Moschip Technologies Ltd is a semiconductor and system design company specializing in turnkey ASICs, mixed-signal IP, semiconductor and product engineering, and IoT solutions. Its services cater to a range of industries, including aerospace and defence, consumer electronics, automotive, medical, networking, and telecommunications.

At the start of the day's trading session, shares of Moschip Technologies Ltd opened at Rs 255 per share, compared to the previous day's closing figure of Rs 244.35 per share on the BSE. Finally, the shares closed Thursday’s session at Rs 256.65 per share. The stock has rallied 5 per cent today and hit the upper circuit, reflecting strong demand in the market. The company's current market capitalization stands at Rs 4854 crore, and the stock has generated an impressive multibagger return of over 1800 per cent in the past 5 years.

As per the Quarterly Results, in Q1 FY25, Moschip Technologies Ltd recorded a revenue of Rs 80.35 crore representing a growth of 41 per cent YoY from Rs 57.01 crore. The operating profit for Q1 FY25 stood at Rs 8.86 crore. The net profit for Q1 FY25 was Rs 3.98 crore compared to a profit of Rs 3.21 crore. Looking at the annual performance, the company generated a revenue of Rs 294 crore in FY24, compared to Rs 198 crore in FY23. The operating profit for FY24 was Rs 34 crore with a net profit of Rs 10 crore.

According to the shareholding pattern of Moschip Technologies Ltd, promoters own a 46.51 per cent stake, while public investors hold 50.52 per cent. FIIs hold a 2.86 per cent stake in Q1 FY25 which was earlier 2.80 per cent in the past quarter.

Investors must keep this Small-Cap stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.