Defence drone stock under Rs 100 hit 10% upper circuit: Drone Destination receives orders worth Rs 3.50 crore from the Indian Army

DSIJ Intelligence-1 / 27 Oct 2025/ Categories: Penny Stocks, Trending

Defence drone stock under Rs 100 hit 10% upper circuit: Drone Destination receives orders worth Rs 3.50 crore from the Indian Army

The stock is up by 25 per cent from its 52-week low of Rs 64.55 per share.

Drone Destination Ltd has announced the receipt of three supply orders totalling Rs 3.5 crore from the Indian Army, in compliance with Regulation 30 of SEBI Listing Regulations. This significant set of orders focuses on various Drone Training and Upskilling projects for the Indian Armed Forces. The scope of work is diverse, encompassing the establishment of an FPV drone training Lab, setting up a comprehensive Drone Training School which includes the training of 200 officers, and the development and instruction for a Drone Battlefield Manoeuvring Arena. These projects collectively underscore Drone Destination's continued commitment to advancing the Indian Army's proficiency in modern drone technology and maintaining its operational readiness.

Also Read DSIJ Blog: Comparing India’s Defence Stocks: HAL vs BEL vs BDL – Who Could Perform Better?

About Drone Destination

Drone Destination leads India's Drone industry, providing comprehensive services from certified drone pilot training to state-of-the-art Drone-as-a-Service (DaaS) solutions. Headquartered in New Delhi, Drone Destination pioneers commercial drone operations and training across diverse sectors like agriculture and infrastructure. Notably, as the first listed Drone Company on the NSE Emerge platform, Drone Destination holds a prestigious position in the industry. The training programs set the standard, equipping aspiring pilots with safety and efficiency skills, covering regulatory compliance to advanced manoeuvres.

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According to half-yearly results, the net sales increased by 153 per cent to Rs 13.83 and net profit increased by 163 per cent to Rs 1.01 crore in H1FY25 compared to H1FY24. In its annual results, the net sales increased by 164 per cent to Rs 31.82 crore and net profit increased by 177 per cent to Rs 7.08 crore in FY24 compared to FY23.

On Monday, shares of Drone Destination Limited hit a 10 per cent Upper Circuit to Rs 80.75 per share from its previous closing of Rs 73.45 per share. The stock’s 52-week high is Rs 235 per share and its 52-week low is Rs 64.55 per share. The company has a market cap of Rs 197 crore. The stock is up by 25 per cent from its 52-week low of Rs 64.55 per share.

Disclaimer: The article is for informational purposes only and not investment advice.