RattanIndia Enterprises rises after its Revolt Motors unveils new pricing structure for electric bikes

08 May 2024 Evaluate

RattanIndia Enterprises is currently trading at Rs. 72.27, up by 0.21 points or 0.29% from its previous closing of Rs. 72.06 on the BSE.

The scrip opened at Rs. 72.89 and has touched a high and low of Rs. 73.45 and Rs. 71.56 respectively. So far 207663 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 94.85 on 08-Feb-2024 and a 52 week low of Rs. 37.01 on 23-May-2023.

Last one week high and low of the scrip stood at Rs. 75.43 and Rs. 70.92 respectively. The current market cap of the company is Rs. 9960.63 crore.

The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 8.38% and 16.76% respectively.

RattanIndia Enterprises' Revolt Motors has unveiled a newly optimized pricing structure for its popular RV400 and RV400 BRZ models, now making them more accessible than ever. The RV400 now starts at an attractive ex-showroom price of Rs 1,49,950, offering exceptional value to those seeking innovative and sustainable mobility. Similarly, the RV400 BRZ is now priced at Rs 1,42,950, delivering remarkable style and performance at an unbeatable price point.

To further enhance the appeal, Revolt Motors is also introducing exclusive offers, including a flat Rs 10,000 discount on both models. Additionally, customers can take advantage of a special exchange program, offering an extra Rs 5,000 off when they trade in their old bikes for a brand-new Revolt electric bike.

These enhancements reflect Revolt Motors ongoing commitment to providing superior value through cost efficiencies that directly benefit customers. By optimizing production costs for spare parts and batteries, Revolt Motors ensures its electric bikes remain highly attractive in terms of price and value.

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).

RattanIndia Ent Share Price

75.45 0.78 (1.04%)
18-May-2024 12:50 View Price Chart
Peers
Company Name CMP
SIS 423.60
TeamLease Services 3364.75
RattanIndia Ent 75.45
Updater Services 327.00
BLS Internatl.Serv 319.00
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