MosChip Technologies is currently trading at RS 162.90, marking an increase of 9.05 points or 5.88% from its previous close of RS 153.85 on the BSE.
The stock opened at RS 160.05 and recorded an intraday high of RS 163.90 and a low of RS 156.75. A total of 2,79,543 shares have been traded so far.
The BSE group 'B' stock, with a face value of RS 2, reached a 52-week high of RS 326.80 on June 25, 2024, and a 52-week low of RS 83.50 on March 13, 2024. In the past week, it traded between RS 163.90 and RS 136.05. The company's market capitalization currently stands at RS 3,076.36 crore.
Promoters hold 44.55% of the company’s shares, while institutions and non-institutions hold 2.20% and 53.25%, respectively.
In a significant development, MosChip Technologies has introduced MosChip DigitalSky GenAIoT, a cutting-edge digital solutions suite aimed at accelerating the creation of next-generation connected and intelligent products. The platform integrates IoT, AI, Generative AI, Edge AI, Workflow Automation, Security, and Application Modernization to enhance innovation, reduce product lifecycles, and optimize performance.
Designed for industries such as smart homes, manufacturing, healthcare, consumer electronics, automotive, and energy, MosChip DigitalSky GenAIoT provides enterprises with a scalable, future-ready foundation for developing advanced smart products with reduced time-to-market and improved operational efficiency.
MosChip Technologies, headquartered in Hyderabad, India, is a publicly traded semiconductor and system design services company.