{"id":115194,"date":"2023-12-08T15:50:20","date_gmt":"2023-12-08T10:20:20","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=115194"},"modified":"2023-12-08T15:50:25","modified_gmt":"2023-12-08T10:20:25","slug":"stock-jumps-4-after-receiving-an-order-worth-1-cr-for-the-supply-of-drones","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-an-order-worth-1-cr-for-the-supply-of-drones\/","title":{"rendered":"Stock jumps 4% after receiving an order worth \u20b9 1 Cr for the supply of drones\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3101365122\"><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>The shares of this IT company jumped around 4 percent in Friday\u2019s trading session after they entered into a Memorandum of Understanding with Marut Dronetech Private Limited to collaborate for the supply of drones.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3008956106\"><!-- 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>With a market capitalization of Rs. 75.8 crores, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/530951\/consolidated\" target=\"_blank\" rel=\"noreferrer noopener\">Ram Info Ltd<\/a><\/strong> started Friday\u2019s trading session positively at Rs. 110 compared to its previous close at Rs. 109.35. The shares hit a high of Rs. 113.90, gaining around 4 percent and closed the day at Rs. 113.\u00a0<\/p><p>Such a positive movement was observed after the company in an exchange filing mentioned that under the \u2018Namo Drone Didi Scheme, they have entered into a Memorandum of Understanding(&#8216; MoU &#8216;) with Marut Dronetech Private Limited to supply drones and undertake the services for Drone as a Service (DAAS) amounting to Rs. 1 crore.&nbsp;<\/p><p>From this order, the company has planned to expand its business in the field of Drone as a Service (DAAS) and will be a part of \u2018Namo Drone Didi Scheme. This scheme seeks to empower women Self Help Groups (SHGs) and bring in new technologies through drone services in the agriculture sectors.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2279055064\"><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>Coming to the financial statements published by the company, the revenue increased by 8.7 percent from Rs. 17.40 crores in the June quarter to Rs. 18.93 crores during the September quarter. In addition, the net profits magnified by 48 percent from Rs. 1.46 crores to Rs. 2.16 crores during the same timeframe.&nbsp;<\/p><p>According to the annual reports of the company, they are planning to venture into the realm of agri-tech and they aim to optimize agricultural practices, increase productivity, and foster sustainable food production. Simultaneously, the company seek to forge strategic partnerships and tap into new markets.&nbsp;<\/p><p>Headquartered in Hyderabad, Ram Info Ltd was incorporated in 1994. The company is engaged in providing IT-enabled services or software development with a focus on e-governance in administration, utilities, IT-enabling consumer services etc.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Vaibhav Patil<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/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-2646488615\"><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>The shares of this IT company jumped around 4 percent in Friday\u2019s trading session after they entered into a Memorandum of Understanding with Marut Dronetech Private Limited to collaborate for the supply of drones.&nbsp; With a market capitalization of Rs. 75.8 crores, the shares of Ram Info Ltd started Friday\u2019s trading session positively at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":105951,"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":[31,1789],"tags":[15041,15042,15040,948,936],"class_list":["post-115194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-ram-info-latest-news","tag-ram-info-latest-orders","tag-ram-info-share-price","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>Stock jumps 4% after receiving an order worth \u20b9 1 Cr for the supply of drones\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"The shares of this IT company jumped around 4 percent in Friday\u2019s trading session after they entered into a Memorandum of Understanding with Marut Dronetech Private Limited to collaborate for the supply of drones.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-an-order-worth-1-cr-for-the-supply-of-drones\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock jumps 4% after receiving an order worth \u20b9 1 Cr for the supply of drones\u00a0\" \/>\n<meta property=\"og:description\" content=\"The shares of this IT company jumped around 4 percent in Friday\u2019s trading session after they entered into a Memorandum of Understanding with Marut Dronetech Private Limited to collaborate for the supply of drones.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-an-order-worth-1-cr-for-the-supply-of-drones\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-08T10:20:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-08T10:20:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/08\/drone.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-an-order-worth-1-cr-for-the-supply-of-drones\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-jumps-4-after-receiving-an-order-worth-1-cr-for-the-supply-of-drones\/\",\"name\":\"Stock jumps 4% after receiving an order worth \u20b9 1 Cr for the supply of drones\u00a0 - 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