Moschip Technologies Surges 7% on Semiconductor Optimism at SEMICON India 2025
Moschip Technologies shares rallied 7.13% to ₹237.81, hitting a 52-week high of ₹244.79, as investor sentiment turned bullish following India's semiconductor ambitions showcased at SEMICON India 2025. Trading volume spiked to 229.08 lakh shares, totaling ₹544.91 crore, with the stock gaining 27% over two sessions.
Prime Minister Narendra Modi's engagement with global semiconductor CEOs at the event underscored India's emergence as a potential chip manufacturing hub. "The confidence of leading CEOs in India’s potential is evident," Modi stated, highlighting the country's push for a self-reliant semiconductor ecosystem—spanning design, manufacturing, and packaging.
SEMICON India 2025, held September 2-4 in New Delhi, drew 35,000 registrations and featured 350 exhibitors. The event saw 13 MoUs announced on opening day for indigenous chip design, followed by seven more during the closing ceremony, reinforcing India's strategic pivot toward semiconductor self-sufficiency.