Indian drone supplier Droneacharya Aerial Innovations up on contract win

Droneacharya Aerial Innovations

18/12/2023 06:38

** Shares of Droneacharya Aerial Innovations  DRON.BO  rise
as much as 4.1% to 214.5 rupees
    ** Drone supplier on Monday said it won a contract from the
Ministry of Defense for supply of drone equipment
    ** DRON on track for third consecutive session of gains, if
trend holds
    ** Co logged three straight weeks of gains until Friday, set
for third consecutive quarterly gain, if trends hold
    ** More than 177,000 shares change hands, 1.4x its 30-day
avg
    ** Stock currently up 2.4%, bumping YTD gains to ~53%


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))