The semiconductor industry is often described as the “brain” of modern-day technology. It is the unseen tech that empowers our digital lives, enabling everything from the devices in our pockets to the cars we drive and the entire infrastructure that this interconnected world has been built upon.
Listed below are some of the Semiconductor stocks trading at a discount of upto 28 percent that you can add to your watchlist
RIR Power Electronics
RIR Power Electronics Limited is engaged in manufacturing and selling various power semiconductor devices such as bridges, power modules, diodes, rectifiers, and thyristors and it also has a product portfolio that includes low-power to high-power devices and IGBT Modules that find applications in Welding, elevators, Battery Charges, Railways, Medical equipment, etc
With a market capitalization of Rs. 1,398 Crores, the shares of RIR Power Electronics Limited closed at Rs. 2,009 per equity share, down 2.96 percent from its previous day’s close price of Rs. 2,070.25.
RIR Power Electronics Limited hit its 52-week high price of Rs. 2,310 on April 29, 2024 and Compared with its current market price of Rs. 2009, it is trading at a discount of 13 percent.
Its Revenue from operations grew by 52 percent from Rs. 13.87 Crores in Q1FY24 to Rs. 21.05 Crores in Q1FY25, accompanied by profits of Rs. 1.36 Crores to Rs. 2.28 Crores.
ASM Technologies
ASM Technologies Limited is engaged in the business of providing consulting services in the areas of engineering services, products engineering services and product research & development.
With a market capitalization of Rs. 1,666 Crores, the shares of ASM Technologies Limited closed at Rs. 1,415 per equity share, up 0.15 percent from its previous day’s close price of Rs. 1,412.95.
ASM Technologies Limited hit its 52-week high price of Rs. 1,677.95 on July 16, 2024 and Compared with its current market price of Rs. 1,415, it is trading at a discount of 16 percent.
Its Revenue from operations grew by 3.28 percent from Rs. 50.95 Crores in Q1FY24 to Rs. 52.62 Crores in Q1FY25, accompanied by a loss of Rs. 30 Lakhs to a profit of Rs. 2.85 Crores.
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MIC Electronics
MIC Electronics Limited is engaged in the business of design, development & manufacturing of LED Video Displays, high-end Electronic and Telecommunication equipment, development of Telecom software, oxygen concentrators, batteries, and many more.
It is directly or indirectly involved in the semiconductor industry as it specializes in semiconductor packaging and testing solutions.
With a market capitalization of Rs. 1,950 Crores, the shares of MIC Electronics Limited closed at Rs. 80.92 per equity share, up 4.43 percent from its previous day’s close price of Rs. 77.49.
MIC Electronics Limited hit its 52-week high price of Rs. 100.02 on July 4, 2024 and Compared with its current market price of Rs. 80.92, it is trading at a discount of 19 percent.
Its Revenue from operations grew by 53 percent from Rs. 7.02 Crores in Q1FY24 to Rs. 10.71 Crores in Q1FY25, accompanied by profits of Rs. 1.24 Crores to Rs. 1.97 Crores. Written by: Bharath K.S
Moschip Technologies
Moschip Technologies Limited is a semiconductor and system design company. It specializes in product design and development services ranging from chip design to Software and Systems Development.
With a market capitalization of Rs. 4,438 Crores, the shares of Moschip Technologies Limited closed at Rs. 234.60 per equity share, down 2.8 percent from its previous day’s close price of Rs. 241.30.
Moschip Technologies Limited hit its 52-week high price of Rs. 326.80 on June 25, 2024 and Compared with its current market price of Rs. 236, it is trading at a discount of 28 percent.
Its Revenue from operations grew by 40.94 percent from Rs. 57.01 Crores in Q1FY24 to Rs. 80.35 Crores in Q1FY25, accompanied by profits of Rs. 3.21 Crores to Rs. 3.98 Crores.
Written by: Bharath K.S
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