Bengaluru, Oct. 28 -- Colab Platforms Limited is making waves in India's technology sector by forming a wholly owned subsidiary named Colab Semiconductor Private Limited. This bold step sees the company entering India's rapidly expanding semiconductor manufacturing and OSAT (Outsourced Semiconductor Assembly and Test) industry. For anyone closely following India's tech ambitions, this move feels timely and ambitious.

Colab Platforms Limited's stock, with a market capitalisation of Rs. 3,636 crores, rose to Rs. 178.25, hitting the intraday upper circuit, up 2 percent from its previous closing price of Rs. 174.80. Furthermore, the stock over the past year has given a return of 2,968 percent.

Semiconductor Market

Colab Platforms aims to c...