In response to 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 traders don’t have any vital 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 providers within the areas of engineering providers and product engineering providers with offshore improvement and assist facilities in India and abroad.
The corporate’s segments embrace manufacturing and the know-how consists of wafer metallization and packaging, digital transformation, electrical car, superior driver help system (ADAS), autonomous car, and robotics.
It offers a spread of providers, which incorporates automation options, compromise evaluation, digital engineering, engineering providers, driver help system, robotics, product life cycle, Web of Issues (IoT), and digital actuality/augmented actuality, amongst others.The corporate’s automation options embrace robot-based automation options, mechatronics options, and image-based options. Its digital engineering providers embrace mechanical design, electrical and electronics, embedded and digital providers, and product improvement.Mukul Agrawal, who typically picks penny shares in his aggressive funding type 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% larger at Rs 1,208 on NSE. Thus far this 12 months, the inventory delivered multibagger returns of round 156% in simply 6 months.