Revolt: Why This EV-Penny Stock Could Be Your Best Bet Under Rs 100

Leading electric vehicle company, Revolt Motors has launched RV1 in India.

The new bike is available in RV1 and RV1+ variants.

Accessible in four colour options, RV1 and RV1+ are priced at Rs 84,990 and Rs 99,990, respectively.

Motor enthusiasts can pick either a 2.2kWh battery or a 3.24kWh battery.

While the smaller battery offers a 100 km range, the larger battery offers a 160km range.

The top speed of both variants is 70 kmph.

It takes 2 hours and 15 minutes to charge 80 per cent of the battery for the standard RV1, while it is 3 hours and 30 minutes for the premium variant.

Check out other specifications and features:

Kerb Weight - 108Kg

Brakes(CBS) - Front Disc(240mm) /Rear Disc(240mm)-

Tyres - Front 90/80-17 /Rear - 110/80-17

Front Fork - Telescopic Forks

Motor - Peak 2.8KW (Mid Drive)

Wheel Base - 1350mm

Battery Warranty - 5 years or 75,000 Kilometres, whichever occurs first

Revolt, a subsidiary of RattanIndia Enterprises Limited is a public-listed company.

As per the company’s Q1FY25, the net sales rose 70 per cent to Rs 2,494.03 crore, while the net profit rose 378 per cent to Rs 851.25 crore.

The company registered a net sales of Rs 5,609.6 crore, up by 36 per cent, in FY24, compared to Rs 4,123.8 crore in FY23.

Likewise, in FY24, it registered a net profit of Rs 424.5 crore, up by 255 per cent, compared to a net loss of Rs 273.5 crore in FY23.

The shares of the EV company have an ROE and ROCE of 76 per cent and 36 per cent, respectively.

Revolt has a market capitalisation of Rs 11,700 crore and has achieved a 5-year stock price compound annual growth rate (CAGR) of 120 percent.

The stock has increased by 75.4 percent from its 52-week low of Rs 48.45 per share and has surged 3,800 percent over the past five years.

This small-cap company is worth monitoring for investors.

The share price of Rattanindia Enterprises Ltd. traded at Rs 81.66.