RattanIndia Enterprises (REL) has acquired 1,02,000 Equity Shares of RattanIndia Investment Manager, representing 100% of its paid-up capital, therefore making it a wholly owned subsidiary of REL. The company will do investment Management business through the Investee Company.

Shares of RattanIndia Enterprises  are trading at Rs 31.70, up Rs 1.50, or 4.97%  at the Bombay Stock Exchange (BSE) on Monday at 12:47 p.m.

The scrip has touched an intra-day high of Rs 31.70 and low of Rs 29.10. The total volume of shares traded at the BSE is 2,370,131.

Currently, the stock is trading all time 52-week high, which is above 1485% over the  52-week low of Rs 2.67.