Revolt Motors, an electric bike maker, plans to expand its sales infrastructure and introduce new products as part of its growth strategy. The company, which was acquired by RattanIndia Enterprises, also aims to enter international markets. Revolt Motors plans to increase the number of dealerships in India from the current 100 to 500 within a year, and potentially exceed 1,000 within the next two to three years. The company currently sells one electric bike in the country and intends to consolidate its presence in the bike space before diversifying into electric scooters.
On October 5, Thursday, Stock Edge reported 40 stocks trending up, and ET Markets explores the top 10 stocks to watch for potential gains based on RSI movement.
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