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Moschip Tech slides after Q4 PAT decline 9% YoY to Rs 12.15 cr
Moschip Technologies declined 2.99% to Rs 204.15 after the company reported an 8.72% decrease in consolidated net profit to Rs 7.95 crore in Q4 FY26 as against Rs 8.71 crore posted in Q4 FY25.
Moschip Technologies consolidated net profit declines 8.73% in the March 2026 quarter
Sales rise 13.75% to Rs 153.23 crore
MosChip Technologies to acquire 73% stake in Vayavya Labs for Rs 245 crore
MosChip Technologies said that its board has approved a proposal to acquire 73% controlling stake in Vayavya Labs, marking a significant step in MosChip's strategy to scale its soware-led Product Engineering Soluons business.
MosChip shares rise 5% as board approves 73% acquisition of Vayavya Labs for Rs 245 crore
MosChip said it will execute a shareholders’ agreement with Vayavya Labs’ shareholders for acquisition of the remaining 27 percent stake after March 31, 2028.
Momentum Stocks: MosChip Technologies, Elgi Rubber, Zensar Tech gain up to 14% on sheer momentum
Electrotherm (India), Waterways Leisure Tourism, Schneider Electric President Systems among others were locked in their upper circuits