RattanIndia Enterprises witnessed a 4% surge in its share price after its subsidiary, Revolt Motors, launched its operations in Nepal. The Indian electric motorcycle brand opened its first dealership, the Revolt Hub, in Kathmandu on April 13, 2025, signaling its entry into the growing two-wheeler EV market in Nepal.

The dealership was inaugurated by Moti Lal Dugar, Chairman of MV Dugar Group, and Sandeep Roperia, Business Head of Revolt Motors. The high-profile event attracted media personnel, local influencers, and potential buyers who engaged in product demos and test rides.

Revolt Motors has partnered with Nepal’s MV Dugar Group, a leading automotive distributor with over five decades of industry expertise. The collaboration is aimed at rapidly scaling Revolt’s footprint across Nepal by tapping into MV Dugar’s robust distribution network and deep market insights.

This strategic expansion aligns with Revolt Motors’ broader regional growth plans and highlights its ambition to become a key player in the South Asian EV market.

RattanIndia Enterprises opened at ₹41.70 today, touching a high of ₹42.62 and a low of ₹41.34. The stock remains volatile, trading well below its 52-week high of ₹92.10 but above its 52-week low of ₹37.42.

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TOPICS: RattanIndia Enterprises