RRP Semiconductor reached its upper circuit limit at Rs 89.52 on the BSE, a rise of 1.75 points or 1.99% from its previous close of Rs 87.77. 

The stock, which opened and remained steady at Rs 87.77 throughout the session, saw only five shares traded. This marks a significant milestone as it reached its 52-week high of Rs 89.52 on November 6, 2024, while its lowest point for the year was Rs 15.00 on April 2, 2024. 

Over the last week, the stock's high and low were Rs 89.52 and Rs 84.37, respectively, bringing the company's market capitalization to Rs 119.58 crore. 

Promoters hold 1.28% of the company's shares, with non-institutional investors owning the remaining 98.72%. 

The stock's surge follows RRP Semiconductor's announcement of a major order worth Rs 439.90 crore from Telecrown Infratech, Pune. The order involves supplying and importing silicon solar cells, melted silicon crystals, and polycrystalline materials for a 106 MW solar power project across various locations in Maharashtra. 

RRP Semiconductor specializes in trading electronic components for select clients, strengthening its position in the renewable energy sector.