RRP Semiconductor’s Explosive Stock Surge Raises Red Flags for Investors

RRP Semiconductor’s 55,000% stock surge raises concerns, with its negative financials, minimal workforce, and extreme valuation signaling potential risks for investors.

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RRP Semiconductor’s Explosive Stock Surge Raises Red Flags for Investors

RRP Semiconductor’s Explosive Stock Surge Raises Red Flags for Investors
RRP Semiconductor’s stock has soared over 55,000% in just 20 months, making it the highest gain worldwide among companies with a market cap exceeding $1 billion. However, this meteoric rise is accompanied by troubling signs. The company has posted negative revenue, recorded a net loss of ₹7 crore, and employs only two full time workers, yet it boasts a valuation exceeding ₹15,000 crore. Despite its limited operations and failed promises of a chip plant in Maharashtra, the stock has become a retail investor favorite, buoyed by online hype and a tiny free float.