RattanIndia Enterprises trades in green on the BSE
RattanIndia Enterprises is currently trading at Rs. 34.65, up by 3.30 points or 10.53% from its previous closing of Rs. 31.35 on the BSE.
The scrip opened at Rs. 33.00 and has touched a high and low of Rs. 36.00 and Rs. 32.45 respectively. So far 328333 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. 13.23 on 14-May-2021.
Last one week high and low of the scrip stood at Rs. 41.60 and Rs. 30.50 respectively. The current market cap of the company is Rs. 4333.42 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 is all set to open 2 new stores in Kerela. The brand is all set to make its presence in the state of Kerala in Kochi & Thrissur through which the brand plans to cater to new consumers and promote the use of electric vehicles in the region. After mounting its presence across states like Bihar & Andhra Pradesh recently, this would be the brand’s 24th & 25th store and the first two stores in the state.
With this, the company aims to strengthen its presence across the nation & open 40+ stores this year. All the new stores will be set up by retail partners across the key cities. Buoyed by the surge in demand for Revolt motorcycles, the new stores will focus on India-centric, flexible and cost-effective innovations that will drive the growth of electric mobility, in-line with making India self-reliant.
RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.
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RattanIndia Enterprises falls on reporting consolidated net loss of Rs 138 crore in Q4FY23