Overview
- Shares rose 2% on Tuesday to ₹8,584.75 on the BSE, taking year-to-date gains to about 4,528% and roughly 13,000% over a year.
- In an exchange filing, RRP Semiconductor said Sachin Tendulkar has no investment, role, or association with the company.
- The company refuted reports of a 100-acre land allotment in Maharashtra and said its financials do not justify the stock’s surge.
- It flagged an extremely small public float of about 4,000 shares in demat form and stated that no board member or key managerial personnel has traded the stock.
- The BSE page notes a trailing price-to-earnings multiple above 50 for four quarters, while RRP reported FY25 revenue of ₹31.59 crore and net profit of ₹8.4 crore.