RRP Semiconductors, 8 others added to weekly trading basket; BSE imposes strict surveillance measures

RRP Semiconductors and 8 others put in weekly trading, BSE imposes strict surveillance measures

BSE has imposed new surveillance measures on nine stocks, including RRP Semiconductors, which has recently been in the news for its unusual price run. In a circular issued on Friday, BSE stated: “In continuation of our endeavour to maintain market integrity and curb excessive price movement in securities listed exclusively on the BSE trading platform, a need has been felt to further strengthen the extant surveillance measures.” Shares of RRP Semiconductors were around Rs 96 in December 2024 and are now currently trading at Rs 11784 with a PE of 2470, the book value of the stock is Rs 12. The stock was recently put under ESM framework.

BSE further stated that effective November 10, 2025, an additional surveillance measure will be applicable for companies exclusively listed on BSE under groups X, XT, Z, ZP, ZY and Y which have a 2 percent price band, are trading above ₹100 and have a price/earnings ratio greater than 500 or negative. For this new surveillance measure, the stocks should also be trading at the upper price band for two consecutive weeks. Such stocks will then be allowed to trade only once a week — every Monday (or the first trading day of the week) — with a 1 percent price band.

The list of stocks included in this measure are: Citizen Infoline, Colab Platforms, Dugar Housing Developments, EMA India, Mardia Samyoung Capillary Tubes Company, Omansh Enterprises, Oswal Overseas, RRP Defense and RRP Semiconductor.

BSE added that identification of such securities shall be done on a rolling weekly basis (Friday/last trading day of the week), and review for moving out of the framework shall be done on a quarterly basis with a minimum one-month retention.

BSE also stated that this new framework will be in addition to all other prevailing surveillance measures imposed by the exchanges from time to time.

Exchange also clarified that the shortlisting of securities under this framework is purely on account of market surveillance, and should not be construed as an adverse action against the concerned company.