{"id":104852,"date":"2023-07-05T11:58:56","date_gmt":"2023-07-05T06:28:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=104852"},"modified":"2023-07-05T12:30:07","modified_gmt":"2023-07-05T07:00:07","slug":"2-chemical-stocks-that-are-planning-to-enter-the-agri-drone-segment-do-you-own-any","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/2-chemical-stocks-that-are-planning-to-enter-the-agri-drone-segment-do-you-own-any\/","title":{"rendered":"2 Chemical stocks that are planning to enter the Agri-Drone segment; Do you own any?"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1136646267\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Drones, also known as unmanned aerial vehicles, or UAVs, have become increasingly popular in recent years for a variety of reasons, including commercial, military, and defence. Eventually, investment in the drone business has increased.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2757532730\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The Indian government has developed the Digital Sky platform, to manage unmanned aircraft system activities in India and the government intends to encourage businesses to employ drone technology in the agriculture industry.&nbsp;<\/p><p>Here are two chemical companies that are aggressively invested in drone technology<\/p><h4 class=\"wp-block-heading\" id=\"h-dcm-shriram-ltd\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DCMSHRIRAM\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">DCM Shriram Ltd.<\/a>&nbsp;<\/strong><\/h4><p>DCM Shriram is the third largest manufacturer of Chlor-Alkali in India. The company is engaged in the production of sugar,agri inputs, urea, and hybrid seeds. as well as the company produces PVC resins, caustic soda, and cement.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2517307909\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>DCM Shriram Ltd shares were trading at Rs 886 per share on July 5, With a market capitalization of Rs 13,877 crore, the firm falls into the small-cap category.&nbsp;<\/p><p>In August 2021, the firm partnered with Zyrone Dynamics, a Turkish UAV and drone startup, to market small drones. DCM bought a 30% stake for US$1 million, for a total investment of US $3.5 million.\u00a0<\/p><p>The company intends to manufacture drones in India as part of the Make in India initiative. The firm has a research and development (R&amp;D) centre in Delhi and licences to manufacture defence drones throughout its Indian locations. The business is currently evaluating drones.&nbsp;<\/p><p>Revenue increased by 20 percent year over year, from Rs 9,627 crore in FY 21\u201322 to Rs 11,546 crore in FY 22\u201323. Net profit decreased by 14 percent, from Rs. 1,066 crore to Rs. 910 crore.&nbsp;<\/p><h4 class=\"wp-block-heading\"><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/DHANUKA\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Dhanuka AgriTech Ltd.<\/a>\u00a0<\/strong><\/h4><p>Dhanuka Agritech Limited is a valuable agri-input firm in India, offering a wide range of agrochemicals such as herbicides, insecticides, fungicides, and plant growth stimulants. The company has formed various public-private and private-private partnerships for agricultural extension programs that are hastening the transmission of new agricultural technologies to the Indian rural sector.<\/p><p>In 2021, Dhanuka Agritech invested Rs 30 crore in IOTechWorld Avigation, a firm that has developed a DGCA-approved drone for agricultural applications and IOTechWorld Avigation, has planned to make 3000 agriculture drones in this fiscal year.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-161338680\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Dhanuka Agri Tech Ltd shares were trading at Rs 787.75 per share on July 5, With a market valuation of Rs 3,587 crore, the firm falls into the small-cap category.&nbsp;<\/p><p>Revenue increased by 15 percent year over year, from Rs1,477 crore in FY 21\u201322 to Rs 1,700 crore in FY 22\u201323. Net profit increased by 12 percent, from Rs.208 crore to Rs. 233 crore.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Omkar Chitnis<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1685360380\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Drones, also known as unmanned aerial vehicles, or UAVs, have become increasingly popular in recent years for a variety of reasons, including commercial, military, and defence. Eventually, investment in the drone business has increased.&nbsp; The Indian government has developed the Digital Sky platform, to manage unmanned aircraft system activities in India and the government intends [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[3262,5829,3226,948,936],"class_list":["post-104852","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-chemical-stocks","tag-chemical-stocks-to-buy","tag-small-cap-stocks","tag-stock-market","tag-stock-market-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2 Chemical stocks that are planning to enter the Agri-Drone segment; Do you own any? - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Drones, also known as unmanned aerial vehicles, or UAVs, have become increasingly popular in recent years for a variety of reasons, including commercial, military, and defence. 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