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Stock of this SME company has zoomed 70% in 10 days after a stellar debut

According to NITI Aayog, India's UAV market is expected to expand to $50 billion over the next 15 years as drones are projected to substitute 80 per cent of operations carried out by manned aircraft

Skye Air Mobility Drone
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Skye Air Mobility Drone

SI Reporter Mumbai
Shares of Droneacharya Aerial Innovations locked at 10 per cent upper circuit to hit a new high of Rs 182.50 in Friday's intra-day trade. The BSE has revised circuit filter of the scrip to 10 per cent from 5 per cent with effect from today.

Around 682,000 equity shares changed hands, with pending buy orders for 400,000 shares on the BSE, the exchange data shows. In comparison, the S&P BSE Sensex was down 0.28 per cent at 60,184.

In the past 10 trading days, the stock of small and medium enterprise (SME) company has zoomed 70 per cent