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Drone Destination Ltd
Industry : Miscellaneous
BSE Code
ISIN Demat
Book Value(
)
79226
INE0P7201019
25.3634885
NSE Symbol
P/E(TTM)
Mar.Cap(
Cr.)
DRONE
76.92
545.78
EPS(TTM)
Face Value(
)
Div & Yield %:
2.92
10
0
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Drone Destination Ltd - Updates
Jul 04,2024
Drone Destination Limited has informed the Exchange regarding In compliance with Regulation 30 and other applicable Regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended and up to date ( SEBI Listing Regulations ), we wish to inform you that Hubblefly Batteries Pvt Ltd, an associate company of Drone Destination, has received BIS approval for its Lithium-Ion batteries. This development will provide twin benefits to Drone Destination. On one hand, it will secure our supply chain of our key consumables, such as batteries. Additionally, we expect to see a cost reduction of about 10% to 15% in the battery costs (fuel for the Drones) positively impacting our bottom line as the company grows its drone fleet..