Equity Analysis

Company News

    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
     
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..