Regulator bars 39 entities for alleged manipulation of RRP Semicon share price
The Securities and Exchange Board of India (Sebi) on Friday passed an interim order in the matter of RRP Semiconductor for alleged share price manipulation and barred 39 entities from dealing in the shares of the company.The regulator said the stock has risen over 700 times in just 19 months. It said the company's shares rose from ₹15 in April 2024 to ₹10,887 by October 2025, a surge that was not supported by its financials or business fundamentals.During its investigation, Sebi observed that th...
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