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RattanIndia Enterprises is currently trading at Rs. 49.85, up by 0.25 points or 0.50% from its previous closing of Rs. 49.60 on the BSE.

The scrip opened at Rs. 49.70 and has touched a high and low of Rs. 50.30 and Rs. 49.60 respectively. So far 79656 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 65.85 on 12-Jan-2022 and a 52 week low of Rs. 30.50 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 50.45 and Rs. 47.75 respectively. The current market cap of the company is Rs. 6856.06 crore.

The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 9.45% and 15.68% respectively.

RattanIndia Enterprises’ (REL) wholly owned subsidiary -- Neotec Insurance Brokers has received insurance direct broker licence from IRDAI for life and general insurance. This licence will pave the way for REL to start the business of sales of life and general insurance products though digital channels on its fintech marketplace platform BankSe.

Digital distribution channels will drive the next phase of growth in the insurance distribution landscape in India. Digital India ecosystem with Aadhaar and Account Aggregator network is enabling self-service platforms through digital modes which provide a hassle free consumer experience in cost efficient and transparent manner for customers. REL will be at the forefront of this insuretech revolution with its data driven digital delivery of insurance products at grassroot level on its fintech platform BankSe.

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory