Moschip Technologies shares jumped 7.13 per cent to ₹237.81 in morning trade on Friday, hitting a fresh 52-week high of ₹244.79 as investors responded positively to India’s growing semiconductor ambitions showcased at SEMICON India 2025. The stock has gained 27 per cent over two trading sessions, with trading volume reaching 229.08 lakh shares worth ₹544.91 crore.
The rally follows Prime Minister Narendra Modi’s interaction with global semiconductor CEOs at SEMICON India 2025, where industry leaders expressed confidence in India’s potential as a chip manufacturing hub. Modi emphasised that “the confidence of leading CEOs from the world of semiconductors in India’s potential is evident and they are betting big on India as a global hub for semiconductor innovation and manufacturing.”
SEMICON India 2025, held from September 2-4 at New Delhi, concluded successfully with over 350 exhibiting companies and 35,000 registrations. The event featured 13 MoUs announced on day one for developing indigenous chip design capabilities, followed by seven additional announcements during the closing ceremony.
The semiconductor conference reinforced India’s strategic push towards self-reliance in chip manufacturing, with Modi stating that India is “creating a complete ecosystem, where designing, manufacturing, packaging and high-tech devices, everything is available right here in India.”
Moschip’s surge also coincides with recent GST reforms that reduced the tax rate on semiconductors from 28 per cent to 18 per cent, providing additional tailwinds for the sector. The stock now trades at a market capitalisation of ₹4,561 crore, reflecting growing investor confidence in India’s semiconductor story.