DroneAcharya Share Price Soars Despite Recent Dip
๐๐ DroneAcharya Aerial Innovation Limited recently announced a major deal with the Gautam Adani Group, but saw a sharp decline in their share price. On Tuesday, the company’s shares were trading at โน142.25, down 4%.
Yesterday, the company experienced a rapid increase in share price. DroneAcharya Aerial Innovation Limited shares were trading at โน129.75 on Wednesday, March 13, 2024, with a 10.27% decline. By Thursday (March 14, 2024), the shares had risen by 3.66% to โน134.
๐ฅ๐ Despite the recent fluctuations, DroneAcharya Aerial Innovation Limited is making strides in the industry. The company recently partnered with Adani Group’s DGCA to provide certified drone pilot training services. Adani Group plans to use drones for mapping, surveillance, and inspection across its various businesses.
๐ธ๐ The company stated, “The use of drones by giants like Adani Group is crucial. It will inspire many commercial companies to adopt drone technology.”
โ๏ธ๐ค Additionally, DroneAcharya was honored by the Indian Ministry of Defence with a contract to provide drone training services. The agreement signifies the increasing importance of drones and their usage in various missions by the Indian Army.
๐๐ผ DroneAcharya Aerial Innovation Limited launched its IPO in December 2022 with an issue price of โน54. On December 23, 2022, the company’s shares were listed with a 90% premium at โน102.
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