RattanIndia Enterprises rises as its arm launches direct-to-consumer athleisure wear brand PUMP’D

RattanIndia Enterprises is currently trading at Rs. 40.10, up by 0.50 points or 1.26% from its previous closing of Rs. 39.60 on the BSE.

RattanIndia Enterprises
RattanIndia Enterprises

The scrip opened at Rs. 39.71 and has touched a high and low of Rs. 40.26 and Rs. 39.71 respectively. So far 10464 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 2 has touched a 52 week high of Rs. 59.70 on 03-Jun-2022 and a 52 week low of Rs. 30.50 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 41.50 and Rs. 39.55 respectively. The current market cap of the company is Rs. 5473.79 crore.

The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 9.54% and 15.60% respectively.

RattanIndia Enterprises’ 100% wholly owned subsidiary — Neobrands has launched its newest direct-to-consumer athleisure wear brand PUMP’D. PUMP’D is a high-performance athleisure line designed for fitness enthusiasts who want to feel good while looking good. It features a range of functional and comfortable men’s and women’s active wear, including tank-tops, T-shirts, leggings, capris, tracks, and joggers, that are perfect for workouts, running errands, or just lounging at home.

PUMP’D is available for customers across the country through its brand store on e-commerce platform, Amazon. With just a few clicks, customers can conveniently shop PUMP’D products and have them delivered to their doorstep pan India.

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.

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