Introduction:
Droneacharya Share Price | Shares of Drone Acharya Aerial Innovation Limited Company witnessed a huge boom on Monday. Today, however, a slight profit booking has been seen in this stock. Shares of this company saw a sudden boom in yesterday’s trading session. This boom was due to a positive news. Recently Drone Acharya Aerial Innovation Limited Company has launched a new drone and named it as Bhujang.
Drone Acharya Aerial Innovation Limited Company’s New Drone – Bhujang:
The new drone named Bhujang is a battlefield hybrid UAV for joint attack, navigation and guarding, heavy lift off, super-high-altitude multi-capable long-range drone. Today, Tuesday, September 12, 2023, the shares of Drone Acharya Aerial Innovation Limited Company closed down by 1.53 percent at Rs.180.00.
Features of Bhujang Drone:
Drones Acharya Aerial Innovations Limited company has given information about its new drone Bhujang saying that this drone is India’s first super high altitude multirole drone. This drone is capable of reaching a height of 1,500 m AGL from a take off point of 4,800 m. And another feature of this drone is that it is the first drone made by a South Asian country with combat, transport and surveillance capabilities. This drone is completely manufactured in India. We can say that we have made this drone with indigenous technology.
IPO and Stock Market Performance:
IPO of Drone Acharya Aerial Innovation Limited Company was launched in December 2022 stock market. The company’s IPO was opened for investment in December 2022 and its issue price was announced at Rs 52-54. The shares of this company were listed at a price of Rs.102. Currently the stock is trading on 5-day, 10-day, 20-day, 30-day, 50-day, 100-day, and 150-day simple moving average price on the technical chart. Drone Acharya Aerial Innovation Limited has a market cap of Rs 438.51 crore.
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