Introduction
Leading semiconductor manufacturer has received fiscal support from the Government of Odisha for Phase 1 of its high-power SiC semiconductor facility in Bhubaneswar, aimed at boosting domestic manufacturing across key industrial sectors.
Also Read: IT stock under ₹25 hits 5% upper circuit after receiving order from Sarala Projects Works
Share price movement of RIR Power
On August 7, 2025, RIR Power Electronics Ltd opened at ₹212.50, down 1.12% from its previous close of ₹214.90. The stock reached a high of ₹213.00 and a low of ₹204.20. By 10:33 AM, it traded at ₹204.50, reflecting a 4.84% decline.
RIR Power Electronics Secures Odisha Govt Support for Semiconductor Plant
The Government of Odisha has approved fiscal support for Phase 1 of RIR Power Electronics’ Silicon Carbide (SiC) semiconductor plant in Bhubaneswar. The approval was granted through the state’s Electronics & IT Department.
Odisha Computer Application Center (OCAC), the nodal agency, has finalized and notified the agreement. It allows for pro-rata disbursement of capital subsidy to the company. The total project was earlier cleared by the SLSWCC and the state cabinet.
The total project cost stands at approximately ₹618 crore. Of this, ₹65 crore has already been spent, and the company is eligible for around ₹32 crore in government capital subsidy.
The company stated that this progress marks to become a leading high-power semiconductor manufacturer from India. The facility will produce SiC MOSFETs, IGBTs, and diodes for sectors like EVs, renewables, and industrial automation.
Recent news on RIR Power
As of June 06, 2025, RIR Power Electronics Ltd announced production expansion and shipment of 1200V SiC diodes from Taiwan, enabled by collaboration with PASC and technology acquired from Sicamore Semi, USA.
Stock performance of RIR Power for Period of 1 week, 6 months, and 1 year
RIR Power Electronics Ltd delivered an 11.8% loss over the past week. It declined by 16.7% in the past six months. The stock gained 13.1% over the past year.
Also Read: Chemical stock jumps 12% after company to consider bonus shares
Shareholding pattern of RIR Power
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 61.50% | 61.70% | 61.90% |
| FII | 8.60% | 9.60% | 9.40% |
| DII | 0.00% | 0.00% | 0.00% |
| Public | 30% | 28.70% | 29% |
About RIR Power
RIR Power Electronics Ltd. (BSE: 517035) is a global leader in high-power semiconductor solutions, offering advanced devices and energy systems for modern, sustainable energy applications across various industries worldwide.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is RIR Power Electronics Ltd share price going up today?
A: The share price is in focus after Odisha government approved fiscal support for its SiC semiconductor plant project.
Q: What is the 52-week high and low of RIR Power Electronics Ltd stock?
A: The 52-week high is ₹487.86 and the 52-week low is ₹141.45 as of August 7, 2025.
Q: In which sectors does RIR Power Electronics Ltd provide engineering solutions?
A: RIR provides high-power semiconductor solutions for EVs, renewables, industrial automation, and energy management systems.


