RattanIndia Enterprises shines on launching compact delivery drone L07 for eCommerce
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RattanIndia Enterprises is currently trading at Rs. 80.01, up by 1.52 points or 1.94% from its previous closing of Rs. 78.49 on the BSE.
The scrip opened at Rs. 79.14 and has touched a high and low of Rs. 80.18 and Rs. 78.90 respectively. So far 23080 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 83.70 on 07-Dec-2023 and a 52 week low of Rs. 32.05 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 83.70 and Rs. 75.87 respectively. The current market cap of the company is Rs. 10849.43 crore.
The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 9.44% and 15.70% respectively.
RattanIndia Enterprises (REL) has launched a new compact delivery drone, L07 for eCommerce and healthcare industries, through its company TAS (Throttle Aerospace Systems). L07 is designed, development & manufactured in India, targeting specifically for use cases where the payloads are small. L07 is a VTOL (Vertical Take-Off and Landing) with a carrying capacity of up to 7 kgs, which can be deployed by a single person in less than 5 minutes, can operate at an MSL of up to 2000 mts above MSL, comes with high wind tolerance of 43 kms/hr (12 meters / sec) and an endurance of up to 30 minutes. L07 comes with many fail-safe features, supported by AI-features and is IP52 resistant.
RattanIndia Enterprises focuses on innovative technologies that have the potential to transform the lives of over a billion Indians. Key businesses include electric mobility (Revolt Motors), e-commerce (Cocoblu Retail), fashion brands (Neobrands), fintech (WeFin), and drones (Neosky).
