Business Standard

Monday, December 23, 2024 | 12:41 AM ISTEN Hindi

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RACL Geartech Ltd

BSE : 520073

NSE : RACLGEAR

Sector :Auto

ISIN Code : INE704B01017

NSE

854.30
-19.45 (-2.23%)

12:00 AM,20th Dec 2024
Open
891.15
High
891.15
Low
853.60

BSE

856.25
-6.25 (-0.72%)

12:00 AM,20th Dec 2024
Open
881.90
High
881.90
Low
853.60

Update Regarding Strategic Business Relationship With BMW AG For E-Mobility

12:00 AM,20th Dec 2024

In continuation of our intimations dated December 9 2023 and November 18 2024 with respect to the nominations secured from BMW AG for contributions to the development of components of electric sports car this is to further update the exchanges that business is expected to generate significant business revenue with an estimated total of Rs. 520 crores in revenue over its lifetime. Additionally peak annual revenue projected to reach Rs. 130 crores by 2029. This partnership marks a significant milestone for RACL.