MosChip Technologies shares skyrocket 42% in 1 week. Here’s why the stock hit record high today
By
Binu Mathew
Shares of Moschip Technologies surged as much as 10% on Friday to a 52-week high of ₹244.79 on the NSE, extending their winning streak to a sixth straight session and pushing weekly gains to 42%.
The Hyderabad-based semiconductor company’s rally has been underpinned by record trading volumes and renewed investor optimism following the government’s push to strengthen India’s semiconductor industry.
