"The price movement is not commensurate with the financial of the company," BSE said. (Representative image: Unsplash) Show Quick Read Summary is AI Generated. Newsroom Reviewed
RRP Semiconductor Ltd.'s exponential surge at the stock market has drawn a note of caution from the BSE, which has asked investors to "exercise due care".
In a span of 18 months — from April 2024 to October 2025 — the company's scrip has risen from Rs 15 to Rs 9,292.2. "The price movement is not commensurate with the financial of the company," BSE said in a release issued on Monday.
Citing this unusual price surge, the stock has been placed under Enhanced Surveillance Measures, it added. As per the ESM norms, the shares will have a "trade-for-trade settlement with price band of 2%", "100% margin", and tradi