RattanIndia Enterprises transformed itself from a traditional coal-thermal business into a new-age company focused on e-commerce, electric vehicles, fintech and drones.
RattanIndia was the result of the break of Indiabulls where the energy component of the company was then named as RattanIndia in 2014.
In October 2022, RattanIndia announced they would be acquiring the electric motorcycle company Revolt Motors.
India has the biggest two-wheeler market in the world and RattanIndia is dedicated to enabling a clean and green commute in India.
NeoSky India, a fully owned subsidiary of RattanIndia Enterprises, is spearheading the charge in the drone industry in the country with its 360° Drone-as-a-Product and Drone-as-a-Service portfolio.
Through another subsidiary company ‘Wefin’, they have entered the digital lending marketplace that offers instant personal loans, two-wheeler loans, and credit cards to customers in partnership with leading banks and NBFCs in India.
Red Flag: RattanIndia Enterprises was part of the Indiabulls group. It broke away in 2014, when Indiabulls Power and Infra was renamed as RattanIndia Enterprises.
The IndiaBulls group has had its share of corporate governance issues. Some of its companies like Indiabulls Housing Finance are known to have been wealth destructors in the past.
RattanIndia Share Price History
Year | Share Price | Gain / Loss |
---|---|---|
2012 | ₹ 6.87 | |
2013 | ₹ 3.54 | - 48.5% |
2014 | ₹ 2.95 | - 16.7% |
2015 | ₹ 3.26 | + 10.5% |
2016 | ₹ 3.00 | - 8.0% |
2017 | ₹ 7.87 | + 162.3% |
2018 | ₹ 3.47 | - 55.9% |
2019 | ₹ 1.87 | - 46.1% |
2020 | ₹ 6.75 | + 261.0% |
2021 | ₹ 47.50 | + 603.7% |
2022 | ₹ 42.30 | - 10.9% |
2023 | ₹ 76.10 | + 79.9% |
2024 | ₹ 68.43 | - 10.1% |
RattanIndia Share Price Chart
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- During 2012, the share price of RattanIndia Enterprises was ₹ 6.87.
- If you had bought shares worth ₹ 2500 in 2012, you would have 3639 shares today.
- At the end of 2024, the current value of your shares would be ₹ 249017.
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