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RRP Semiconductor Hits ₹9,667 Despite BSE Trading Curbs Under Enhanced Surveillance

BSE says the rally is not commensurate with the company’s financials.

Overview

  • The share price jumped from ₹15 in April 2024 to a 52‑week high of ₹9,667 in October 2025, a gain of roughly 63,000%.
  • The exchange shifted the stock to trade-for-trade with a 2% daily band, a 100% upfront margin, and trading via periodic call auctions to curb speculation.
  • The stock rose even after the notice, including during Diwali muhurat trading when it closed higher under the new limits.
  • RRP issued filings refuting social-media claims of a Sachin Tendulkar investment and denying any 100-acre land grant from Maharashtra.
  • Reported sales of about ₹31.5 crore, profit near ₹6 crore, and a 1.27% promoter stake contrast with a market value near ₹12,900 crore, prompting scrutiny of valuation and governance.