MosChip Technologies shares skyrocket 42% in 1 week. Here’s why the stock hit record high today

Shares of Moschip Technologies surged as much as 10% on Friday to a 52-week high of Rs 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.

The stock has seen an unprecedented surge in activity, with more than 5 crore shares changing hands on Thursday, following 1.7 crore shares each on Wednesday and Tuesday. Friday’s session had already clocked 1.4 crore shares in early trade, far surpassing the 20-day average of 10 lakh shares.

With the latest surge, Moschip’s market capitalization has crossed Rs 4,500 crore. Shares of the company have gained 6.5% so far in 2025 and are up 56% over the past six months.

Government push boosts sentiment

Investor sentiment turned sharply bullish this week after Prime Minister Narendra Modi, speaking at the Semicon India 2025 Summit, said India is poised to capture a significant share of the $1 trillion global semiconductor market. Modi highlighted policy support, infrastructure development, and talent skilling as key pillars, while confirming that work is underway on the second phase of the India Semiconductor Mission (ISM 2.0).

The Ministry of Electronics and Information Technology said ISM’s first phase has already attracted Rs 1.5 lakh crore in investments across 10 projects. Union Minister Ashwini Vaishnaw added that India’s design strength and manufacturing base position the country well in global supply chains.

For Moschip, a fabless semiconductor and embedded systems company with five global R&D centres in India and the U.S. and over 100 clients, the government’s renewed focus is being seen as a significant tailwind.

Shareholding structure

As of the June quarter, promoters held 44.28% of Moschip, while more than 2.5 lakh small retail investors, those with authorised share capital of up to Rs 2 lakh, owned a 37.1% stake. The company has no institutional or mutual fund holdings, according to BSE filings.

Technical view

From a technical standpoint, the stock is currently trading above eight of its eight key simple moving averages (SMA), including the 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, 150-day, and 200-day SMAs, indicating bullish undertones in the short-term to long-term charts.

The Relative Strength Index is at 80.7, a level considered strongly overbought, suggesting potential for a pullback. Meanwhile, the Moving Average Convergence Divergence stands at 6.5 and remains above both its center and signal lines, underscoring the stock’s bullish momentum.

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