05 Oct 2024

MosChip Technologies Surges After Launching MosChip DigitalSky

MosChip Technologies is currently trading at Rs. 237.85, reflecting an increase of 9.20 points or 4.02% from its previous close of Rs. 228.65 on the BSE.

The stock opened at Rs. 226.15 and reached a high of Rs. 239.00, while dipping to a low of Rs. 223.00 during the session. A total of 518,342 shares were traded.

The stock, part of BSE group 'T', with a face value of Rs. 2, has seen a 52-week high of Rs. 326.80 on June 25, 2024, and a 52-week low of Rs. 77.00 on October 26, 2023.

Over the past week, the stock's high was Rs. 246.50, while the low was Rs. 223.00. The company's market capitalization currently stands at Rs. 4,492.15 crore.

Promoters hold a 46.51% stake in the company, while institutions own 2.86% and non-institutions hold 50.63%.

MosChip Technologies recently introduced MosChip DigitalSky, a comprehensive digital platform designed to revolutionize global businesses. It connects various enterprise layers—products, IT, and operations—through intelligent systems, enhancing business productivity and stakeholder experiences.

The platform integrates cutting-edge technologies such as IoT, Cloud, AI & GenAI, data modernization, and automation, allowing businesses to seamlessly merge their systems, boost agility, and embed intelligence tailored to the needs of their customers, employees, and partners.

MosChip Technologies is a semiconductor and system design company based in Hyderabad, India.