Mukul Agrawal portfolio stock zooms nearly 200% in 5 months. Do you own?

Business Standard

4 hours ago

Share price of ASM Technologies
Shares of ASM Technologies hit a new high of ₹3,634, as they rallied 10 per cent on the BSE in Wednesday's intra-day trade. In the past three trading days, the stock price of the smallcap company has surged 33 per cent. In the past five months, the stock has zoomed 197 per cent from a level of ₹1,223.80 on the BSE.
At 10:12 AM; ASM Technologies was trading 9 per cent higher at ₹3,597, as compared to 0.01 per cent rise in the BSE Sensex. The company market capitalisation stands at ₹4,244 crore.
Mukul Agrawal held nearly 12% stake in ASM Technologies
Investor Mukul Mahavir Agrawal held 1.52 million equity shares representing 11.7 per cent stake in ASM Technologies as on August 6, 2025, the shareholding pattern data shows.
Mukul Agrawal held 762,500 equity shares or 6.48 per cent holding in the company at the end of June 30, 2025 quarter, data shows.
Strong Q1FY26 results
For the April to June 2025 quarter (Q1FY26), ASM Technologies reported a consolidated profit after tax (PAT) of ₹15.6 crore, on the back of strong operational performance. The company had posted PAT of ₹2.5 crore in a year ago quarter. Revenue from operations more-than-doubled to ₹122.90 crore from ₹52.6 crore, driven by strong performance in both the company's design-led Manufacturing and Engineering R&D segments. Earnings before interest, taxes, depreciation, amortization (EBITDA) margin improved to 20.9 per cent from 7.3 per cent.
Industry Outlook
The outlook for the Engineering Research & Development (ER&D) sector in India is optimistic, with projected growth driven by advancements in digital engineering and sustainability initiatives. By 2030, the industrial ER&D spend is expected to reach $250-280 billion, growing at a CAGR of 8-9 per cent.
As per Nasscom report key growth drivers include the increased adoption of automation, robotics, and AI-enhanced analytics. In addition, the focus on developing integrated product-service solutions is expected to contribute significantly to the sector's expansion as companies look to offer comprehensive solutions that enhance customer experience and operational efficiency, ASM Technologies had said in its FY24 annual report.
Meanwhile, the NASSCOM Annual Enterprise CXO Survey 2025 highlights a shift toward AI-driven digital transformation, with organizations increasingly consolidating technology investments into high-impact use cases that are expected to define the next five years. About 82 per cent of CXOs plan to increase digital spending by 5 per cent plus compared to CY24, LTIMindtree, the peer group company, said in its FY25 annual report.
Looking ahead, technology providers anticipate stronger growth in FY26, with 77 per cent expecting higher technology spending, fueled by foundational digital scope, emerging markets, and AIled innovation. However, cautious optimism prevails as AI-driven service transformation, skill shortages, cybersecurity risks, and margin pressures remain key challenges. Additionally, geopolitical uncertainties and trade policy shifts continue to influence market dynamics.
About ASM Technologies
With over three decades of experience, ASM Technologies has been supporting customers in the areas of Engineering Design led Manufacturing (DLM). ASM has multiple delivery locations in India with a global presence in USA, Singapore, UK, Canada, Japan, Thailand and Mexico.
The company's Global Delivery Model and core competencies consider the changing economic scenarios as an opportunity to provide greater value to existing clients and add new clients. The company's specific industry, domain, and technology expertise allows it to facilitate business transformation for its clients through innovative strategies and solutions.