{"id":719,"date":"2026-03-20T08:06:57","date_gmt":"2026-03-20T08:06:57","guid":{"rendered":"https:\/\/www.bullscreen.in\/news\/?p=719"},"modified":"2026-03-25T12:29:06","modified_gmt":"2026-03-25T12:29:06","slug":"asm-technologies-shares-rise-4-on-79-6-crore-stake-buy-in-asmaitha-wireless","status":"publish","type":"post","link":"https:\/\/www.bullscreen.in\/news\/asm-technologies-shares-rise-4-on-79-6-crore-stake-buy-in-asmaitha-wireless\/","title":{"rendered":"ASM Technologies Shares Rise 4% on \u20b979.6 Crore Stake Buy in Asmaitha Wireless"},"content":{"rendered":"\n<p>Shares of <a href=\"https:\/\/www.bullscreen.in\/company\/ASMTEC\" target=\"_blank\" rel=\"noopener\" title=\"\">ASM Technologies Ltd<\/a> gained over 4% in Friday\u2019s trade after the company announced a strategic acquisition to strengthen its capabilities in the wireless and embedded technology space.<\/p>\n\n\n\n<p>The stock climbed 4.07% to an intraday high of Rs. 2,293.95, compared to its previous close of Rs. 2,204.20, taking its market capitalisation to around Rs. 3,293 crore.<\/p>\n\n\n\n<p>The company said its board has approved an investment of Rs. 79.57 crore to acquire a 51% stake in <a href=\"https:\/\/asmaitha.com\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Asmaitha Wireless Technologies Private Ltd<\/a>. The transaction will be executed over the next five years, with a share purchase agreement expected within 90 days. The deal will be funded entirely in cash and does not require regulatory approvals.<\/p>\n\n\n\n<p>Asmaitha Wireless, incorporated in 2010, operates in the embedded and wireless domain, offering solutions across telecom infrastructure, IoT modules such as BLE and Wi-Fi, and medical wearable devices for global markets. Despite its relatively small scale, with FY25 revenue of Rs. 3.67 crore, the company brings niche expertise in design-to-manufacturing capabilities.<\/p>\n\n\n\n<p>The acquisition is expected to enhance ASM Technologies\u2019 position in design-led manufacturing, particularly in firmware, embedded systems, and wireless technologies, key components in the rapidly expanding AI and semiconductor ecosystem.<\/p>\n\n\n\n<p>ASM Technologies has reported strong financial growth, with revenue rising 79% year-on-year to Rs. 116.02 crore in December 2025, while net profit increased to Rs. 9.31 crore. The company maintains healthy return ratios and low leverage, indicating solid financial stability.<\/p>\n\n\n\n<p>With growing demand for AI-driven hardware, IoT devices, and semiconductor solutions, the deal is seen as a strategic step to deepen its presence in high-growth technology segments while expanding its end-to-end engineering capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of ASM Technologies Ltd gained over 4% in Friday\u2019s trade after the company announced&#8230;<\/p>\n","protected":false},"author":2,"featured_media":720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[79],"class_list":["post-719","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information-technology","tag-asmtec"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/comments?post=719"}],"version-history":[{"count":1,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/719\/revisions"}],"predecessor-version":[{"id":721,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/posts\/719\/revisions\/721"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media\/720"}],"wp:attachment":[{"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/media?parent=719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/categories?post=719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bullscreen.in\/news\/wp-json\/wp\/v2\/tags?post=719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}