{"id":124841,"date":"2024-05-24T12:00:35","date_gmt":"2024-05-24T06:30:35","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=124841"},"modified":"2024-05-24T14:03:29","modified_gmt":"2024-05-24T08:33:29","slug":"drone-stock-jumps-after-company-signs-mou-with-airbots-aerospace-for-agricultural-drones","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/drone-stock-jumps-after-company-signs-mou-with-airbots-aerospace-for-agricultural-drones\/","title":{"rendered":"Drone stock jumps after company signs MoU with Airbots Aerospace for agricultural drones\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3631387224\"><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 one of the leading drone manufacturing and solutions providers in india and Overseas jumps 2 percent in the day\u2019s trade upon signing a strategic partnership through MoU with Airbots Aerospace Technologies Private Limited.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-828102914\"><!-- 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. 336 Crores, the shares of <strong>Droneacharya Aerial Innovations Limited<\/strong> were trading at Rs. 140.25, up 0.47 percent from its previous day\u2019s close price of Rs. 139.60.\u00a0<\/p><p><strong>Droneacharya Aerial Innovations Limited has announced a strategic partnership through a Memorandum of Understanding with Airbots Aerospace Technologies Private Limited. This collaboration aims to bolster joint efforts in the drone industry, with a strong focus on the agricultural sector.&nbsp;<\/strong><\/p><p>Under the MOU, DroneAcharya will serve as a non-exclusive partner, acquiring the selling rights for Airbots agricultural drones and distributing them within designated territories. Additionally, DroneAcharya will have the authority to secure tenders and contracts on behalf of both companies, enhancing market opportunities and competitive advantage.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1465036348\"><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>DroneAcharya will also establish Remote Pilot Training Organizations (RPTOs) to offer specialized training programs for drone pilot. These programs, conducted at DroneAcharya\u2019s state-of-the-art facilities, will focus on the operation and maintenance of Airbots\u2019 agricultural drones.&nbsp;<\/p><p>In turn, Airbots Aerospace Technologies Private Limited will supply high-quality, rigorously tested drones, backed by robust warranty policies. Additionally, Airbots will direct interested parties to DroneAcharya\u2019s training programs, ensuring seamless integration between product acquisition and skill development. Airbots will also conduct paid drone demonstrations and provide operational training on basic maintenance to support their customers further&nbsp;<\/p><p>Both companies will engage in collaborative promotional activities, including extensive marketing campaigns in electronic media to showcase the strengths and benefits of this strategic partnership. Additionally, promotional drone tours across various regions in India will demonstrate the capabilities and advantages of our agricultural drones to a wider audience.&nbsp;<\/p><p>Droneacharya Aerial Innovations Limited is engaged in providing a high-end ecosystem of Drone solutions for multi-sensor Drone surveys, data processing of Drone data using robust high-configuration workstations, Drone pilot training, and specialized GIS training.&nbsp;<\/p><p>Its revenue from operations grew 417.27 percent from Rs. 3.59 Crores in FY22 to Rs. 18.57 Crores in FY23, accompanied by increasing profits of Rs. 0.41 Crore to Rs. 3.43 Crore.<\/p><p>In the financial year 2023, it reported a return on equity (ROE) of 8.51 percent and a return on capital employed (ROCE) of 11.52 percent, it is making good returns on its equity and capital employed, Its profitability ratios are increasing year on year.&nbsp;<\/p><div class=\"trade-content-10\" id=\"trade-1018108413\"><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><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by: Bharath K.S&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> 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-1374072289\"><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 one of the leading drone manufacturing and solutions providers in india and Overseas jumps 2 percent in the day\u2019s trade upon signing a strategic partnership through MoU with Airbots Aerospace Technologies Private Limited.&nbsp; With a market capitalization of Rs. 336 Crores, the shares of Droneacharya Aerial Innovations Limited were trading at Rs. [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":19996,"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":[4865,31,13525],"tags":[18509,11334,10495,12280,18510,12279,948,936,2597],"class_list":["post-124841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-news","category-stock-updates","tag-drone-stock-in-focus-after-company-signs-mou-for-agricultural-drones","tag-droneacharya-aerial-innovations-latest-news","tag-droneacharya-aerial-innovations-share-price","tag-droneacharya-latest-news","tag-droneacharya-mou","tag-droneacharya-share-price","tag-stock-market","tag-stock-market-news","tag-stocks-to-watch"],"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>Drone stock jumps after company signs MoU with Airbots Aerospace for agricultural drones\u00a0 - 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