EV stock jumps 5% after company targets 400 dealerships by FY26EV stock jumps 5% after company targets 400 dealerships by FY26

Introduction:

Leading EV motorcycle brand has doubled its dealership network from 100 to 200 within a year and now aims to expand to 400 outlets by FY26, strengthening its presence across India and international markets.

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Share price movement of RattanIndia Enterprises:

On April 8, 2025, RattanIndia Enterprises Ltd opened at ₹40.64, up 4.53% from its previous close of ₹38.88. The stock touched a high of ₹40.99 (5.42%) and a low of ₹39.51. By 10:03 AM, it was trading at ₹39.67, a 2.03% increase, with a market cap of ₹5,483.46 crore.

Revolt Motors Doubles Dealership Network, Eyes 400 by FY26:

Revolt Motors (a wholly-owned subsidiary of RattanIndia) has expanded its dealership network from 100 to 200 in just one year. The company now operates across 23 Indian states and union territories, emphasizing its rapid national growth strategy.

The electric motorcycle maker plans to increase its dealership count to 400 by FY26. Currently present in key markets like Maharashtra, Tamil Nadu, and West Bengal, Revolt is accelerating EV adoption beyond metro cities, reflecting growing rural and tier-2 demand.

Revolt is also eyeing global markets, following a successful launch in Sri Lanka. The company will enter Nepal this year and continues offering RV400, RV1, and RV1+ with full sales and service support.

Recent news on RattanIndia Enterprises:

As of March 20, 2025, RattanIndia Enterprises Ltd announced Revolt Motors entry into Nepal through a partnership with MV Dugar Group, launching a flagship hub in Kathmandu by April 2025.

Stock performance of RattanIndia Enterprises for Period of 1 week, 6 months, and 1 year:

RattanIndia Enterprises Ltd delivered a -10.5% return over the past week; it declined by 46.8% in the past six months. The stock dropped 49.0% over the past year.

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Shareholding pattern of RattanIndia Enterprises:

Particulars	Dec 2024	Sep 2024	Jun 2024
Promoter	74.90%	74.90%	74.90%
FII	6.00%	4.80%	8.40%
DII	0.10%	0.10%	0.10%
Public	18.90%	20.10%	16.60%
Others	0.10%	0.10%	0.10%

About RattanIndia Enterprises:

RattanIndia Enterprises Limited (NSE: RTNINDIA) is a listed company spearheading innovative businesses across electric mobility, e-commerce, fashion, fintech, and drones, aiming to transform industries and improve lives through cutting-edge technology.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.