made investors rich
After the Fed rate cut, there is some slowdown in the stock market. But meanwhile, there is a stock which has surprised everyone with its tremendous returns. Its name is RRP Semiconductor. This stock has given returns of more than 71,000% in the last 18 months. However, this rise has also alerted BSE. The exchange has said that this increase in share price does not match the actual financial position of the company, hence it has been kept under surveillance.
On October 30, this share rose by Rs 10,673, due to which the market cap of the company reached around Rs 15,000 crore. In March-April 2025, this share was worth only Rs 15, and now it has jumped 71,500%. It has reached 128 times more than its 52 week low of Rs 82.72. But despite this momentum, the trading volume of the stock is very low. Only 71 shares were traded on Thursday, and the two-week average was also only 550 shares. That means there is very little liquidity in the shares.
BSE issued alert
BSE has said in its notice that this fluctuation in share prices is not according to the actual performance of the company. Therefore it has been kept under ESM. Now this share will be traded under strict rules like 2% price band, 100% margin and call auction trading. It is worth noting that the promoters’ stake in the company is only 1.27%, while the remaining 98.73% stake is with some investors. There is no investment from any FII, mutual fund or insurance company in the company.
Only 14 investors hold 94% shares
As of Q2FY26, just 14 retail investors hold about 94% of the company’s shares. One of these investors, Rajendra Kamalakant Chodankar alone holds 1.01 crore shares of the company, whose value at today’s rate comes to about Rs 10,833 crore.
Recently, it was being claimed in social media and some reports that cricketer Sachin Tendulkar has some connection with this company, but the company has completely rejected all these reports. The company said that Sachin Tendulkar has never purchased any shares of RRP Semiconductor and he has no direct or indirect relationship with the company’s board, promoters or any advisor. Apart from this, the company also made it clear that Sachin has no connection with any land allotment from the Maharashtra government. According to the company, at present about 99 percent of the shares of RRP Semiconductor are in the lock-in period till March 31, 2026, that is, they cannot be sold till then.