Stock Report

RACL Geartech Ltd receives new nomination from BMW AG for Supply of Drive Train Parts for Electric Sports Car



Posted On : 2024-11-20 18:02:30( TIMEZONE : IST )

RACL Geartech Ltd receives new nomination from BMW AG for Supply of Drive Train Parts for Electric Sports Car

RACL Geartech Limited has received a new nomination from BMW AG for the supply of Drive Train Parts for their upcoming Electric Sports Car. This nomination marks second such nomination from the EV passenger car segment which aligns with the company's strategy to strengthen its EV portfolio. The commercial production of these parts are anticipated to commence in 2026.

Shares of RACL Geartech Ltd was last trading in BSE at Rs. 835.25 as compared to the previous close of Rs. 797.10. The total number of shares traded during the day was 14112 in over 604 trades.

The stock hit an intraday high of Rs. 845.00 and intraday low of 805.00. The net turnover during the day was Rs. 11705303.00.

Source : Equity Bulls

Keywords

RACLGeartech INE704B01017 NewNomination BMWAG DriveTrainParts ElectricSportsCar