Why ASM Technologies Shares Rose 10%: ₹526 Crore Issue

ASM Technologies shares rose 3.5% to ₹6,750 on September 10, 2026, keeping the stock in focus after the company approved a ₹525.99 crore preferential issue involving entities linked to Radhakishan Damani and investor Mukul Agrawal.

The engineering services company plans to issue up to 10.78 lakh equity shares at ₹4,875 per share. SBI Mutual Fund through various schemes and SBI Emergent India Fund are also part of the proposed allotment.

ASM Technologies share price today

ASM Technologies was trading at ₹6,750 at 10:32 AM on September 10, up 3.5%. The stock has touched a 52 week high of ₹6,990 against a low of ₹2,100.

The company has a market capitalisation of around ₹9,846 crore and a stock P/E of 135. Its ROCE stands at 27%, while ROE is 25.5%.

Stock metric	Value
Current price	₹6,750
52 week high	₹6,990
52 week low	₹2,100
Market capitalisation	₹9,846 Cr
Stock P/E	135
Book value	₹210
ROCE	27.0%
ROE	25.5%
Dividend yield	0.25%

ASM Technologies ₹526 crore preferential issue

The board has approved a preferential issue worth ₹525.99 crore. The company will issue up to 10.78 lakh equity shares at ₹4,875 each.

The shares have a face value of ₹10. The proposed issue brings new institutional and investor participation into ASM Technologies.

Who is investing in ASM Technologies?

The preferential allotment will include SBI Mutual Fund through various schemes, SBI Emergent India Fund, Derive Trading and Resorts Pvt Ltd and Asha Mukul Agrawal.

All four investors are non promoters. Derive Trading and Resorts is associated with Avenue Supermarts promoter Radhakishan Damani, while Asha Mukul Agrawal is linked to investor Mukul Agrawal.

After the issue, Derive Trading and Resorts will hold 0.65% in ASM Technologies and Asha Mukul Agrawal will hold 0.33%. Mukul Agrawal already held a 10.28% stake.

ASM Technologies shareholding

Promoter entities held 57.65% of ASM Technologies at the end of the June quarter. Public shareholders held the remaining 42.35%.

After the preferential issue, SBI Mutual Fund through its various schemes will hold 5.25%, while SBI Emergent India Fund will hold 0.65%. More than 27,000 retail shareholders held a combined 16.96% stake at the end of the June quarter.

ASM Technologies stock performance

ASM Technologies has delivered strong gains in 2026. The stock has risen around 200% in six months and nearly 40% in one month, according to the reported performance.

The company provides engineering services and product research and development solutions to global clients. It has development and support centres in India and overseas, with a presence across the US, Singapore, UK, Canada, Mexico and Japan.

What next for ASM Technologies?

The proposed preferential allotment will remain in focus as the company moves through the required process and approvals. Investors will also track whether the strong stock performance continues alongside the company's engineering services and product R&D business.

The ₹6,990 52 week high will remain an important level to watch after ASM Technologies shares rose to ₹6,750 on September 10.