RRP Semiconductor’s 55,000% Stock Surge Triggers SEBI Scrutiny: Inside India’s Most Puzzling “Chip” Rally
On December 18, 2025, a little-known BSE-listed company with a grand semiconductor label and an even bigger stock-market run became the talk of Dalal Street—and a flashing warning sign for regulators and retail investors alike. RRP Semiconductor’s shares have surged more than 55,000% in roughly 20 months, a rise so extreme that it has drawn comparisons to classic bubble behavior: relentless upper circuits, wafer-thin liquidity, eye-watering valuations, and a widening gap between market value and business reality. Reports say the Securities and Exchange Board of India has begun examining the move for potential wrongdoing, while the BSE has tightened surveillance and restricted trading conditions. Moneycontrol+2Investing.com India+2