Shares of Bartronics India, a small-cap penny inventory, climbed over 2 p.c on Thursday, February 20, defying broader market weak point. The inventory gained traction after the corporate disclosed additional particulars relating to its Memorandum of Understanding (MoU) with Singapore’s PTW Group to determine a semiconductor manufacturing unit in India. The corporate had initially introduced the MoU on January 8, 2025.
Particulars of the MoU
As per the change submitting, the Memorandum of Understanding (MoU) between Bartronics India and PTW Group outlines a strategic collaboration to determine a semiconductor manufacturing facility, tools refurbishment middle, and coaching middle in India. The settlement serves as the premise for an in depth merger scheme, which will probably be topic to due diligence, regulatory approvals, and mutually agreed phrases between the 2 entities.
Bartronics India clarified that PTW Group and its promoters usually are not affiliated with the corporate’s promoter group or associated entities. Moreover, the proposed transaction doesn’t qualify as a related-party transaction, guaranteeing transparency within the deal.
The MoU marks PTW Group’s foray into the Indian market, aligning with the nation’s imaginative and prescient to emerge as a world semiconductor hub. PTW Group is engaged within the design, growth, manufacturing, and gross sales of silicon manufacturing tools, and its entry into India is predicted to bolster the nation’s semiconductor ecosystem.
Based on the January 8, 2025 order, the PTW-Bartronics merger is ready to drive a number of strategic initiatives. These embrace the institution of semiconductor manufacturing and refurbishing services, the creation of latest semiconductor fabrication items (fabs), and the event of specialised coaching packages for semiconductor manufacturing. Moreover, the partnership will improve analysis and growth (R&D), strengthen manufacturing capabilities, and facilitate workforce coaching. The collaboration can be anticipated to help worldwide partnerships, furthering India’s objective of changing into a key participant within the international semiconductor business.
Inventory Worth Motion
Following the MoU replace, Bartronics India shares rose as a lot as 2.3 p.c to the touch a day’s excessive of ₹16.22. Regardless of the current acquire, the penny inventory stays 37 p.c under its 52-week excessive of ₹25.95, recorded in February 2024. In the meantime, it has superior over 9 p.c from its 52-week low of ₹14.80, hit earlier this week on February 18, 2025.
Over the previous two years, the inventory has declined greater than 40 p.c. In February 2025 alone, it has misplaced 17 p.c, following a 6 p.c acquire in January 2025.
Monetary Efficiency
Bartronics India reported a internet lack of ₹0.33 crore in Q3FY25, widening from ₹0.06 crore in Q3FY24. Income for the December 2024 quarter fell 26.93 p.c year-on-year, declining to ₹8.71 crore from ₹11.92 crore in the identical interval of the earlier fiscal.
Moreover, Bartronics invested ₹1.49 crore to amass 2,136 fairness shares of Ampivo at ₹7,020 per share, securing a 6.47 p.c stake within the startup. This funding aligns with Bartronics’ diversification technique into the Rising Digital Healthcare market. The transfer additionally helps growth past fintech, reinforcing the corporate’s dedication to rising enterprise alternatives and modern options provided by Ampivo.
About Bartronics India
Based in 1990, Bartronics India focuses on IT-based companies encompassing biometrics, barcoding, sensible playing cards, and radio-frequency identification (RFID) options.
Disclaimer: The views and proposals made above are these of particular person analysts or broking corporations, and never of Mint. We advise traders to verify with licensed specialists earlier than taking any funding choices.
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