Smallcap Stock Jumps 6% After Subsidiary Launches New Electric Motorcycle
Bengaluru, July 2 -- The shares of this small small cap company majorly engaged in new age businesses including e-commerce, electric vehicles, and drones and many more, jumped upto 6 percent after its subsidiary launched new electric motorcycle
With the market capitalization of Rs. 4679 Crores, the shares of RattanIndia Enterprises Ltd reached an intraday high of Rs. 34.65 per share rising nearly 6 percent from its previous day close of Rs. 32.79 per share.
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Revolt Motors, a wholly owned subsidiary of RattanIndia Enterprises, has launched the RVX, a new electric motorcycle that expands its portfolio in the fast-growing electric two-wheeler segment. The bike has been introduced at an introductory ex-showroom price of Rs....
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