Until last year, RRP Semiconductor was a company no one had heard about. In early 2024, its shares were trading at Rs 15, largely ignored by investors. By October 2025, that same stock had shot up to Rs 9,478, marking a staggering gain of over 63,000%.
What looked like a windfall for investors soon became one of the most talked-about cautionary tales on Dalal Street.
advertisement
In just 18 months, RRP’s market capitalisation grew from near zero to over Rs 12,750 crore on the Bombay Stock Exchange (BSE). The stock has captured the attention of India’s investing community, with social media and online forums buzzing nonstop.
WHAT'S BEHIND THE METEORIC RISE?
Small investors dubbed it the “Indian NVIDIA,” drawing parallels with the global chipmaking giant. Suddenly, everyone wanted a piece of the magic. But not everyone was convinced.
Continue Reading on India Today
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.