Semiconductor
14 articles tagged semiconductor
CG Power — What Changed Since June (and Whether to Buy the Fall)
Refreshed 19 Oct at ₹854 with Q2 FY27 due 23 Oct. Order book ₹18,965 Cr (+45%), delivery 50.8%, but 105x earnings and 16.7x book give no protection in a falling market. Verdict: accumulate in tranches around the 200-DMA at ₹804, not a full position at ₹854.
Policy Pulse - Modi / India Govt - 16 Sep 2026
PM Modi chaired the annual global semiconductor CEO roundtable today and opens SEMICON India 2026 tomorrow - 600+ companies, 300 international, 52 countries, with DIXON, CGPOWER and UNOMINDA named at the event. The Cabinet also cleared the first EPFO wage ceiling hike in 12 years to Rs 25,000 effective September 17, lifting TEAMLEASE and the AMC cohort while raising statutory costs for VTL and TRIDENT.
Policy Pulse - Modi - 15 Sep 2026
PM Modi opens SEMICON India 2026 at Yashobhoomi on September 17 - 600+ exhibitors, 300 international companies and 40+ countries, with CG Power and Uno Minda named in the exhibitor lineup. It is the delivery test for Semicon 2.0's Rs 1,27,500 crore and 12 approved projects; DIXON, KAYNES, SYRMA and AMBER are inferred beneficiaries.
Policy Pulse - Ministries/Regulators - 11 Sep 2026
NSE priced its IPO at Rs 1,700-1,785 (~Rs 22,562 crore, opens Sep 17, listing circa Sep 24) with the issue down about 15% - a re-rating trigger for BSE and ANGELONE. Record August SIP flows of Rs 32,297 crore and Rs 87.08 trillion MF AUM lift HDFCAMC and NAM-INDIA, while Brent above USD 100 drives oil-marketing margins to Rs -5/litre petrol and Rs -23/litre diesel (IOC, BPCL, HINDPETRO negative).
Policy Pulse - PM Modi / India Govt - 10 Sep 2026
PM Modi told the Paris International Space Summit that India will build a space station by 2035 and put an Indian on the Moon by 2040. Three India-France space deals were signed, including AXISCADES with France's U-Space on microsatellites and Safran's EUR 5M+ supply into India's 52-satellite SBS-3 constellation (MTARTECH, DATAPATTNS inferred).
Policy Pulse — Modi / India Govt — 17 Aug 2026
PM Modi's Aug 15 Independence Day address: train 1 crore youth in AI, defence self-reliance (Sudarshan Chakra), nuclear + semiconductor build-out — BUY IT (TCS/INFY) and defence (HAL/BEL), watch nuclear (BHEL/LT)
Policy Pulse — Modi/Cabinet — 16 Jul 2026
Cabinet approves Semicon 2.0 (₹1.27L cr) + MPMS mobile PLI (₹62,500 cr) — buy Dixon Tech (+6.2%), CG Power, Kaynes Tech. Infra package buy L&T, IRCON.
Policy Pulse — Modi — 15 Jul 2026
Cabinet approves Semicon 2.0 (₹1.27 lakh cr) + MPMS (₹62,500 cr) + hydrogen train launch — KAYNES, DIXON, CG Semi, L&T key beneficiaries across semiconductor design, mobile manufacturing, and green rail.
Policy Pulse — Modi — 14 Jul 2026
Modi-Austria semiconductor/defence partnership plus Micron's Gujarat facility mark India's accelerating semiconductor ecosystem — key beneficiaries: DIXON, HAL, KAYNES, L&T.
Policy Pulse — Modi — 10 Jul 2026
India's semiconductor mission hits $18B in investments across 10 projects; commercial chip packaging begins at Sanand. Defence exports reach record ₹38,424 Cr. NBCC reports ₹1.2L Cr order book. Modi-Indonesia BrahMos missile deal sealed with new applications discussed.
Policy Pulse — Ministries — 03 Jul 2026
₹1.25 lakh crore ISM 2.0 cleared + CG Semi commercial production Jul 4 + chip exports to Malaysia → CGPOWER, DIXON, KAYNES, SYRMA, AMBER, TATAELXSI key beneficiaries.
Policy Pulse — Modi — 03 Jul 2026
India-Japan Summit: First-ever defence co-development pact → HAL, BEL, MAZDOCK. Maruti Suzuki fourth plant → MARUTI. CG Semi JV production Jul 4 → CGPOWER. Fujifilm semicon plant + AI cooperation → DIXON, KAYNES, TCS, INFY. ¥10 trillion target → LT, IRCON.
Policy Pulse — Modi / India Govt — 02 Jul 2026
India-Japan Summit: $10B+ investment pledge, first defence co-development pact (UNICORN naval mast) for BEL, MAZDOCK, HAL. Japan Renesas JV boosts CGPOWER OSAT. AI joint statement lifts TCS, INFY. Critical minerals pact + clean energy helps RELIANCE. Stock-specific BUY/HOLD calls inside.
Kaynes Technology — Deep Dive Analysis
Deep-dive on Kaynes Technology — India's leading integrated EMS player with ₹8,366 Cr order book and OSAT pivot. But CFO -₹600 Cr, guidance miss (₹4,500→₹3,626 Cr), stock -49% from ATH. Verdict: AVOID — broken guidance, broken chart, broken cash flow.