Synopsis: RIR Power Electronics jumped 5% after reporting strong Q2 results, with profits surging 200% YoY. Revenue and income rose sharply, while the company posted robust QoQ growth despite the stock’s significant yearly decline.

This company is engaged in the manufacturing of traditional semiconductor devices such as bridges, power modules, diodes, rectifiers,and thyristors, is now in the focus after its board reported Q2 results with 200% profit growth YoY.

With market capitalization of Rs. 2,132 cr, the shares of RIR Power Electronics Ltd are currently trading at Rs. 268 per share, hit 5% upper circuit in today’s market session making a high of Rs. 269.20, from its previous close of Rs. 256.40 per share. The stock has recorded a 61% decline over the past year, dropped 31% in t

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