Stock Report

RattanIndia's Revolt Motors expands its dealership footprint - opens new dealerships in 3 new cities



Posted On : 2023-02-24 08:25:01( TIMEZONE : IST )

RattanIndia's Revolt Motors expands its dealership footprint - opens new dealerships in 3 new cities

RattanIndia's Revolt Motors, India's largest selling electric motorcycle company announced the expansion of its retail presence in three new cities i.e Indore, Guwahati and Hubli. With opening of these three new dealerships the pan-India dealership network has increased to 35 dealerships spread across the country.

RattanIndia Enterprises Ltd. had recently acquired 100% shareholding in Revolt Motors and company is working towards increasing the dealership network with an aim to open 70 plus new stores to meet customer requirements. Revolt Motors has recently re-opened bookings for its flagship model RV400 for Rs. 2,499. Customers can book their RV400 bikes with booking amount of Rs. 2,499/- on its website www.revoltmotors.com with customers slated to get their deliveries before 31 March 2023. The AI enabled new RV400 is the most advanced electric bike in the country with industry first features including mobile touch based and voice based capabilities to operate the bike.

Shares of RattanIndia Enterprises Limited was last trading in BSE at Rs. 39.60 as compared to the previous close of Rs. 39.35. The total number of shares traded during the day was 242853 in over 1670 trades.

The stock hit an intraday high of Rs. 39.90 and intraday low of 38.35. The net turnover during the day was Rs. 9552473.00.

Source : Equity Bulls

Keywords

RattanIndiaEnterprises INE834M01019 RevoltMotors Expansion Retail Dealership Indore Guwahati Hubli