RRP semiconductor | Stock increased from Rs 15 to Rs 9,292.20 in 18 months and is now subject to enhanced surveillance measures
Following an unusual increase in the share price of RRP Semiconductor Limited, which went from Rs 15 in April 2024 to Rs 9,292.20 in October 2025, the Bombay Stock Exchange (BSE) has warned investors to exercise care.
The exchange placed the stock under the Enhanced Surveillance Measures (ESM) framework after claiming that the sudden spike was inconsistent with the company’s financial performance.
As per the ESM framework, exchanges keep an eye on equities that exhibit atypical price or volume fluctuations that lack fundamental justification. Reducing excessive speculation and shielding individual investors from possible manipulation are the goals.
These actions include limiting trading to periodic call auctions with the same ±2 percent daily limit, requiring a 100 percent margin, and limiting trading of RRP Semiconductor’s shares to a trade-for-trade basis with a 2 percent price band.
In a similar move, the business recently refuted internet market rumors by issuing a public statement rejecting any affiliation with former cricket player Sachin Tendulkar or any land allocation from the Maharashtra government.
The BSE warned investors to be very cautious while trading the stock, stating that the price fluctuation was not in line with the company’s financials.
The exchange’s warning coincides with increased scrutiny of micro- and small-cap firms that have seen sudden, inexplicable increases in value in recent months.