Logo
Whalesbook
HomeStocksNewsPremiumAbout UsContact Us

Penny Stock EXPLODES 70,000%! But Is It A Scam? Phantom Factories & Shell Companies Rock Dalal Street!

Other

|

Published on 24th November 2025, 7:35 AM

Whalesbook Logo

Author

Abhay Singh | Whalesbook News Team

Overview

RRP Semiconductor, a penny stock, has surged an astounding 70,000% in 18 months to ₹15,000 crore market cap. Investigations reveal potential shell companies, phantom factories, and concentrated ownership by Rajendra Kamalakant Chodankar. Concerns over manipulation are high, with BSE placing the stock under Enhanced Surveillance Measures. The company previously operated as a dormant textile firm.