MosChip Tech shares jump 8%, extend winning streak to 7 days. What’s driving the rally?
Shares of MosChip Technologies surged as much as 8.5% on Monday to hit a fresh 52-week high of ₹268.75 on the NSE, extending their winning streak to a seventh consecutive session. The stock has gained a stellar 70% over the last one month.
Most of the investor interest on Monday stems from record trading volumes following the government’s intention to boost India’s semiconductor industry. Over 1 crore shares of the company changed hands in early trade, significantly higher than the 20-day average of 10 lakh shares.
