ASM Technologies Shares Surge to Record High After Major Preferential Issue

ASM Technologies shares surged 10.2 percent to a record ₹6,990 on Wednesday, fueled by a massive ₹526 crore preferential issue. The strategic capital raise attracted prominent investors, including SBI Mutual Fund and Asha Mukul Agrawal, significantly boosting institutional ownership in the technology solutions company and driving a 38 percent rally over the past month.