RattanIndia goes fashionable
RattanIndia is currently the top gainer on the BSE; from its close of Rs.66.08, it opened slightly higher at Rs.66.31 and soon rose to an intraday high at Rs.74.25, rising almost 12.5%. Its 52-week high is at Rs.94.85 and low at Rs.53.80.
The market is very happy with its decision to launch its new brand, Kalaanj, through its 100% wholly owned subsidiary Neobrands.
The timing is perfect given the festival time. This, brand is its debut collection, specializing in vibrant prints that cater to the diverse tastes of women across India.
Kalaanj will be exclusively available on Amazon, the leading e-commerce platform of India. This strategic partnership allows customers across India to conveniently browse and purchase their favourite pieces, with just a few clicks, and have them delivered straight to their doorstep.
RattanIndia Group’s new-age businesses, include electric mobility (Revolt Motors), ecommerce (Cocoblu Retail), fashion brands (Neobrands), fintech (Wefin), and drones (Neosky).