RRP Semiconductors shares jump 61,000%; BSE flags unusual surge, tightens trading rules
Published on 20/10/2025 08:56 PM
The Bombay Stock Exchange (BSE) has placed RRP Semiconductors Ltd under enhanced monitoring after its share price recorded an extraordinary rise over the past year and a half from Rs 15 in April 2024 to Rs 9,292.20 in October 2025. The exchange said the price movement was not in line with the company’s financials and urged investors to trade cautiously. In its notice, the BSE said it had observed “unusual price movement” in the company’s stock. The exchange noted that such a sharp increase was not justified by the company’s earnings or disclosures, triggering a review under the Enhanced Surveillance Measures (ESM) framework.
As part of the surveillance action, trading in RRP Semiconductors will now be permitted only under the Trade-for-Trade settlement system, meaning that all transactions must result in compulsory delivery rather than speculative trading. A 2 per cent daily price band has been imposed, restricting fluctuations in the share price each trading day.
The exchange has also mandated a 100 per cent trading margin for investors dealing in the stock. Additionally, all transactions will take place under the Periodic Call Auction mechanism to ensure greater transparency and to limit sharp price movements during trading hours.
Following market speculation linking the firm to high-profile names, RRP Semiconductors issued a clarification rejecting claims of any connection with cricket legend Sachin Tendulkar or of receiving land allotment from the Maharashtra government.
"Our company has no association whatsoever with Sachin Tendulkar, nor have we received any land allotment from the Government of Maharashtra," the company said in its statement filed with the BSE.
The BSE has appealed to investors to be careful when trading in the company’s shares and to verify all information before taking investment decisions. “Investors are requested to exercise due care and caution while transacting in the securities of the said company,” the exchange said in its investor notice.
Ankit Kumar is a Senior Sub Editor at Zee Business. He covers international affairs, politics, climate change, business, finance and global elections. With experience acros