Star investor Mukul Mahavir Agrawal purchased a significant 6.5% stake in ASM Technologies during the June quarter, marking his first investment in the company after having no holdings in the preceding March quarter.
ASM Technologies
ASM Technologies, a smallcap company valued at approximately Rs 1,000 crore, specializes in engineering consultancy services. It operates offshore development and support centers both in India and overseas.
The company focuses on various segments including manufacturing, with technological expertise spanning wafer metallization, digital transformation, electric vehicles, advanced driver assistance systems (ADAS), autonomous vehicles, and robotics.
Offerings
ASM Technologies offers a wide range of services such as automation solutions, digital engineering, driver assistance systems, robotics, Internet of Things (IoT), and virtual reality/augmented reality.
Mukul Agrawal is known for his aggressive investment strategy, particularly in penny stocks that have the potential to become multibaggers over time. He currently holds a portfolio of 51 stocks valued at over Rs 2,658 crore.
ASM Technologies’ stock closed 1.6% higher at Rs 1,208 on the NSE. Year-to-date, the stock has delivered impressive returns of approximately 156% in just six months.
Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.
