India's RattanIndia Enterprises rises after unit's sales jump

Rattanindia Enterprises

04/12/2024 06:56

** Shares of RattanIndia Enterprises  RTNI.NS  rise 4.8% to
71.73 rupees
** Co's subsidiary Revolt Motors' electric motorcycles sales
rose nearly threefold y/y to 1,994 units in November
    ** RTNI comprises of tech focussed new age businesses like
e-commerce, electric vehicles, fintech, and drones
    ** Stock set to gain for ninth straight session
    ** Trading vols at 17.6 mln, 3x 30-day average
    ** RTNI down ~6% YTD

(Reporting by Vijay Malkar)
((mailto:VijayDattaram.Malkar@thomsonreuters.com;))