
DroneAcharya Aerial Innovations Limited witnessed a recovery in its stock price after an initial dip in early trading hours today. The stock opened at ₹105.00, slid to an intraday low of ₹102.60, and rebounded to trade at ₹107.50, down 1.38% from its previous close of ₹109.00.
The recovery follows positive news of the company securing a purchase order worth ₹5.50 lakh (exclusive of taxes) from Tata Communications Limited. The order involves designing a customized static drone solution for Tata Communications’ experience center. This non-operational drone will serve as a showcase model, highlighting DroneAcharya’s technical expertise and paving the way for potential future collaborations in the drone technology space.
Key Stock Metrics:
- Open: ₹105.00
- High: ₹110.60
- Low: ₹102.60
- Volume: 54,000 shares
This collaboration is a significant milestone for DroneAcharya Aerial Innovations, showcasing its ability to deliver innovative and tailored drone solutions. The development has sparked investor optimism, leading to a recovery in the stock price after hitting an intraday low.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.