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DroneAcharya shares climb to 12.88% amid expansion plans
short by System User / on Tuesday, 17 December, 2024
Shares of DroneAcharya Aerial Innovations rallied as much as 12.88% to touch an intraday high of ₹131.00 on the BSE on December 16 after the company announced its strategic expansion into the Middle East through a new subsidiary in Abu Dhabi. The expansion comes as DroneAcharya reported H1FY25 PAT of ₹1.50 crore, down 62.1% YoY, despite revenue growing 28.8% to ₹26.90 crore.
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