In the stock market, many shares of the semiconductor sector are giving tremendous returns to investors.
Among these, the share of one company has made the investors rich. This share has doubled the investment in less than two months.
On the other hand, if we talk about the return of 6 months, then it has more than quadrupled the investment.
The name of the share we are talking about is RRP Semiconductor Ltd. This multibagger share has provided investors with a massive return in a very short amount of time.
Around 3 pm, the price of the share was Rs 93.13. The price has been at an upper limit of 2 % consistently over the past few days.
The Money Was Doubled In Just 1.5 Months
This share has doubled the amount in about one and a half months. In the week that ended September, the cost of its shares was Rs 48.
In such a situation, this share has doubled the investment in just one and a half months. If you had invested one lakh rupees a month and a half ago, then it would have become two lakh rupees now.
More Than 300 Percent Return In 6 Months
350.85% of the population returns within six months. 6 months ago the price of the stock was around Rs 21.7. Now it is Rs 93.13.
In these 6 months, it has given 342 percent return. If you had invested one lakh rupees 6 months ago, on Monday its value would have been Rs 4.42 lakh.
This Year One Lakh Became 6 Lakh Rupees
At the beginning of April, the price of the stock was just 15 rupees. It has given about 533.27 percent return to investors in a year.
If you had bought its shares worth one lakh rupees 7 months ago, on Monday their value would have been Rs 6.20 lakh. That is, your investment of one lakh rupees would have become more than 6 lakh rupees.
What Exactly Is The Mission Of The Business?
The company was formed in the year 1989. It works in the semiconductor and digital chip industry. Its primary business is the production and distribution of semiconductors and digital chips.
The market value for the firm is 126.88 crore rupees. As per the quarterly results of June 2024, the company’s revenue was Rs 5.11 crore.
Quick Fact
| Company name | RRP Semiconductor |
|---|---|
| Investment doubled | 1.5 months |
| Investment quadrupled | 6 months |
| Share price (around 3 pm) | ₹93.13 |
| Share price after the close | 94.99 (up 2%) |
| Weekly share growth | 2% upper limit |
| Past share price (Sep 2024) | ₹48 |
| 6-month return | 350.83% |
| 6-month share price | ₹21.7 |
| Yearly return | 533.27% |
| Share price (Apr 2024) | ₹15 |
| Market value | ₹126.88 crore |
| Revenue (June 2024) | ₹5.11 crore |
| Industry | Semiconductor, Digital Chip |
| Business start year | 1989 |
| Main business | Production & distribution of semiconductors, digital chips |
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