In line with the newest shareholding sample obtainable with the exchanges, ASM Tech is majority owned by promoters with 47.36% stake whereas the general public shareholders have about 42.64%. Among the many public shareholders, mutual funds and overseas portfolio buyers don’t have any important holding within the firm.
ASM Applied sciences, a smallcap firm with a market capitalisation of simply over Rs 1,000 crore, is engaged in offering consulting companies within the areas of engineering companies and product engineering companies with offshore improvement and help facilities in India and abroad.
The corporate’s segments embody manufacturing and the know-how contains wafer metallization and packaging, digital transformation, electrical automobile, superior driver help system (ADAS), autonomous automobile, and robotics.
It offers a variety of companies, which incorporates automation options, compromise evaluation, digital engineering, engineering companies, driver help system, robotics, product life cycle, Web of Issues (IoT), and digital actuality/augmented actuality, amongst others.The corporate’s automation options embody robot-based automation options, mechatronics options, and image-based options. Its digital engineering companies embody mechanical design, electrical and electronics, embedded and digital companies, and product improvement.Mukul Agrawal, who typically picks penny shares in his aggressive funding fashion and waits for them to show multibaggers, publicly holds 51 shares with a web price of over Rs 2,658 crore.On Friday, the corporate’s shares closed 1.6% increased at Rs 1,208 on NSE. To this point this yr, the inventory delivered multibagger returns of round 156% in simply 6 months.