India's Droneacharya Aerial set for best day in over a month on order win

Droneacharya Aerial Innovations

03/06/2024 09:40

** Shares of Droneacharya Aerial  DRON.BO  rise 4.5%
    ** Stock set for its best day since mid April
    ** Drone makers gets order worth 151 mln rupees ($1.8 mln)
    ** Trading vol 2x the 30-day avg, set for busiest day in a
month
    ** Still, DRON below its 50-, 100-, 200- day moving avgs 
    ** Stock down 24% YTD, after climbing 40% in 2023
 
 ($1 = 83.1430 Indian rupees)

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))