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Drone Destination received BIS approval for lithium-ion batteries
short by / on Thursday, 4 July, 2024
Drone Destination Limited hit a 5% upper circuit in the day’s trade after its associate company Hubblefly Batteries Private Limited received BIS approval for its Lithium-ion batteries. It expects to see a cost reduction of about 10-15 percent in the battery costs for the drones, thereby positively impacting its bottom line as it grows its drone fleet.
read more at Trade Brains