02-07-2022 09:58 AM | Source: IANS
RattanIndia Enterprises gains as its Revolt Motors expands retail presence in Uttar Pradesh
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RattanIndia Enterprises is currently trading at Rs. 58.00, up by 1.00 points or 1.75% from its previous closing of Rs. 57.00 on the BSE.

The scrip opened at Rs. 58.00 and has touched a high and low of Rs. 58.00 and Rs. 58.00 respectively. So far 17245 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 70.65 on 27-Jul-2021 and a 52 week low of Rs. 4.48 on 06-Apr-2021.

Last one week high and low of the scrip stood at Rs. 58.15 and Rs. 52.15 respectively. The current market cap of the company is Rs. 7878.94 crore.

The promoters holding in the company stood at 74.80%, while Institutions and Non-Institutions held 9.03% and 16.16% respectively.

RattanIndia backed Revolt Motors has expanded its retail presence in Uttar Pradesh. The company has opened its outlet in Noida, its second in Uttar Pradesh region and 21st dealership store across India. The company is also working towards setting up a robust dealership presence this year with an aim to open 44 plus new stores to meet customer requirements.

In-line with the Noida’s ‘Green Noida Clean Noida’ tagline, RattanIndia backed Revolt aims to contribute towards a cleaner environment in the city. Consumers can now contribute to this initiative by riding Revolt motorcycles on the Expressway to fulfil their dreams and explore their spirit of riding & freedom. With more and more consumers understanding the benefits of going electric and conserving the environment, the adoption of the EV ecosystem will take place at a much faster pace.

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