Mumbai, October 23 (Udaipur Kiran) — Shares of DroneAcharya Aerial Innovations surged nearly 2% in Thursday’s trading session after the company announced that it had received a ₹2.59 crore order from the Indian Army (Ministry of Defence) for the supply of 500 Sub-Tactical Very Short Range Drones.
The stock was trading at ₹63.80, up by ₹1.22 or 1.95% from its previous close of ₹62.58 on the BSE. It opened at ₹64.95 and touched an intraday high of ₹65.40 and a low of ₹63.30.
The BSE Group ‘M’ stock, with a face value of ₹10, currently has a market capitalisation of ₹152.93 crore. It hit a 52-week high of ₹144.90 on October 23, 2024, and a 52-week low of ₹51.98 on October 14, 2025. Over the past week, the stock has traded between ₹65.40 and ₹52.16.
The company’s promoters hold 28.21%, while the public shareholding stands at 71.79%.
Under the new defence contract, DroneAcharya will supply 500 Sub-Tactical Very Short Range Drones to the Indian Army, further strengthening its position in the defence and security segment.
The company said the order highlights its technological capabilities, manufacturing expertise, and reliability in developing FPV (First-Person View) drone systems. The project is expected to boost DroneAcharya’s growth and reputation within India’s expanding defence technology ecosystem.
DroneAcharya Aerial Innovations offers an integrated ecosystem of drone-based solutions, including multi-sensor drone surveys, data processing using high-end workstations, and training in drone piloting and GIS (Geographic Information Systems).
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
