RattanIndia Enterprises jumps as its arm secures order for 1100 electric motorcycles from Bihar Police
RattanIndia Enterprises is currently trading at Rs. 25.32, up by 0.41 points or 1.65% from its previous closing of Rs. 24.91 on the BSE.
The scrip opened at Rs. 25.30 and has touched a high and low of Rs. 25.63 and Rs. 24.68 respectively. So far 84439 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 52.65 on 04-Nov-2025 and a 52 week low of Rs. 21.36 on 26-Oct-2026.
Last one week high and low of the scrip stood at Rs. 26.15 and Rs. 23.45 respectively. The current market cap of the company is Rs. 3472.26 crore.
The promoters holding in the company stood at 74.87%, while Institutions and Non-Institutions held 5.38% and 19.75% respectively.
RattanIndia Enterprises’ wholly owned subsidiary -- Revolt Motors has secured an order to supply 1,100 BlazeX electric bikes from Bihar Police for patrolling operations. The order marks an important step in the company's institutional business, extending the application of its elsectric bikes beyond individual riders to public sector mobility and law enforcement requirements.
A fleet of 1,100 electric motorcycles entering service in a single order takes electric motorcycles well beyond trial use in law enforcement. This order will also work as a catalyst for other state police forces, defense organizations, government departments, public-sector undertakings and other institutions looking to electrify their two-wheeler fleets.
