ASM Technologies touches roof on acquiring Semcon's offshore delivery centre in India

02 Nov 2020 Evaluate

ASM Technologies is currently trading at its upper limit of  Rs. 166.50, up by 3.25 points or 1.99% from its previous closing of Rs. 163.25 on the BSE.

The scrip opened at Rs. 166.50 and has touched a high and low of Rs. 166.50 and Rs. 166.50 respectively. So far 1332 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 185.45 on 07-Oct-2020 and a 52 week low of Rs. 49.20 on 25-Mar-2020.

Last one week high and low of the scrip stood at Rs. 168.00 and Rs. 156.10 respectively. The current market cap of the company is Rs. 83.25 crore.

The promoters holding in the company stood at 61.84%, while Institutions and Non-Institutions held 0.02% and 38.14% respectively.

ASM Technologies (ATL) has acquired Semcon's offshore delivery centre in India for an undisclosed amount. BSE-listed ASM has over two decades expertise in the semiconductor, hi-tech, automotive and medical industries, while Swedish firm Semcon works with a large number of clients in the automotive industry, energy and life science sectors.

ASM and Semcon have also entered into a Global Cooperation Agreement to provide Semcon continued access to India's scale and capability base for engineering services. Pursuant to the agreement, ASM will also deliver services to the Scandinavian market leveraging Semcon's customer-facing team.

ASM Technologies (ATL) is a global engineering and product R&D company.

ASM Technology Share Price

1375.00 2.25 (0.16%)
24-Dec-2024 16:59 View Price Chart
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