Droneacharya Share Price Surge Continues: A Look at the Latest Updates
Droneacharya Aerial Innovation Company’s shares were trading at 177.45 INR with a 7% increase in yesterday’s trading session. The stock was trading at a 52-week high of 221 INR on October 27, 2023. Just a few months ago, on April 21, 2023, the company’s shares were at a 52-week low of 121 INR.
As of Friday, April 19, 2024, Droneacharya Aerial Innovation stock was trading at 174.80 INR, marking a 1.36% increase. The recent surge in share price comes on the heels of the company’s partnership agreement with CBAI Technologies Private Limited.
Under the agreement, the company will purchase 200 certified training drones over the next three years. In a recent interview, Union Minister Jyotiraditya Scindia emphasized the need for 1 lakh drone pilots in India, prompting Droneacharya Aerial Innovation to collaborate strategically with CBAI Technologies for the procurement of training drones.
Droneacharya Aerial Innovation Company has opened its DGCA-certified drone pilot training center in Pune and has entered into agreements with various organizations to establish centers in Punjab, Gujarat, and Rajasthan.
The company’s IPO was launched in December 2022 with an issue price of 52 to 54 INR per share. On December 23, 2022, Droneacharya Aerial Innovation Company’s shares were listed with a 90% premium increase.
Stay tuned for more updates on Droneacharya Share Price as the company continues to make waves in the aerial innovation industry!
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