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The RRP semiconductor has made investors rich by giving 17700 percent returns in a year. Its stock rose from 25 to Rs 4555, the company runs the plant in Maharashtra.

The RRP semocover stock has been continuously putting up an upper circuit in some of the last few trading sessions. Yesterday it also closed at Rs 4555.90 with a upper circuit of two per cent. The RRP Semiconductor Limited Company operates outsourced semiconductor assembly and testing plant in Maharashtra. The company started in 1980. This company makes parts for Apple under the Bharat Semiconductor Mission. Also works for more companies of America. The company has now landed in the business of electronic devices and semiconductor.
1 lakh made 1.77 crores
RRP Semicap Stocks has given 17,700 percent returns to investors in less than 1 year. On 9 September 2024, the stock was at Rs 25.59, while it is currently trading at Rs 4,555.90. If an investor had invested Rs 60,000 in it on 9 September, then today he would have Rs 1 crore. Similarly, the value of investment of one lakh rupees has now become Rs 1.77 crore.
That’s why stormy fast has come
One of the reasons for the stormy boom in the stock is the government’s focus on the semiconductor industry and the industry can be given many concessions. Due to this, the company can be very beneficial in this. The market cap of RRP semiconductor is Rs 6130 crore. The company has increased 180% CAGR profits in the last 5 years. Promoter holds only 1.28% stake in the company. A lot of money of the company is stuck in the market. This amount has been stopped for 279 days. In the last 3 years, the promoter’s stake was reduced by 73.2%.
(Disclaimer: The information given here is based on the share performance. Since the investment in the stock market is subject to market risk, take advice from a certifite investment advisor before investing. News18 Hindi will not be responsible for any loss you will be.)