OLA Peer’s Company EV-Penny Stock Under Rs 50: Company Unveils the All-New RV BLAZEX
The stock is up by 6.6 per cent from its 52-week low of Rs 43 per share and a whopping 1,500 per cent in 5 years.
OLA Peer’s Company, Revolt Motors, a subsidiary of Rattan India Enterprises Ltd, India’s largest electric motorcycle company, has unveiled its latest electric motorcycle, the RV BlazeX, reinforcing its position as a leader in the Indian EV market. Priced at INR 1,14,990 (ex-showroom, Pan India), the RV BlazeX offers a compelling combination of performance, smart features, and affordability. Boasting a powerful 4KW motor, the bike delivers enhanced speed and torque, along with a claimed range of 150 km. Production takes place at Revolt's advanced facility in Manesar, Haryana.
The RV BlazeX is packed with features designed for the modern commuter. It includes mobile connectivity, IoT-enabled smart features such as Geo-Fencing and Over-the-Air (OTA) updates, and a removable battery for added convenience. Safety is prioritized with LED headlights and taillights, along with a CBS braking system. The bike also sports a 6-inch LCD cluster with 4G telematics and built-in GPS. Available in Sterling Silver Black and Eclipse Red Black, the RV BlazeX offers both style and practicality, including a front storage box and under-seat charger compartment.
Powering the RV BlazeX is a 3.24 kWh lithium-ion battery (IP67 rated), enabling a top speed of 85 kmph. Three riding modes, plus a reverse mode, provide flexibility for different riding conditions. The bike features telescopic front forks and twin shock absorbers for a comfortable ride. A key feature is the dual charging capability, supporting both fast and standard charging. Fast charging can bring the battery to 80 per cent in 80 minutes, while standard charging takes 3 hours 30 minutes. Bookings are open now, with deliveries scheduled to begin in the first week of March 2025. Revolt offers a three-year warranty (or 45,000 km) and a growing dealership network for after-sales support.
On Tuesday, shares of RattanIndia Enterprises Ltd surged 1.5 per cent to an intraday high of Rs 45.84 per share from its previous closing of Rs 45.17 per share. The stock’s 52-week high is Rs 92.10 per share and its 52-week low is Rs 43 per share.
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About the Company
RattanIndia Enterprises Limited is a public-listed company and serves as the growth engine of the RattanIndia Group dedicated to pioneering new-age businesses. With a focus on innovative technologies, RattanIndia Enterprises is driving the transformation of various industries, including Electric Mobility (Revolt Motors), E-commerce (Cocoblu Retail), Fashion brands (Neo Brands), Fintech (WeFin), and Drones (Neosky), with the goal of positively impacting the lives of millions of Indians.
The company has a market cap of over Rs 6,000 crore with a 5-year stock price CAGR of 120 per cent. The stock is up by 6.6 per cent from its 52-week low of Rs 43 per share and a whopping 1,500 per cent in 5 years. Investors should keep an eye on this Small-Cap company.
Disclaimer: The article is for informational purposes only and not investment advice.