Drone Destination Share Price Jumps 5% After ₹3.5 Crore Indian Army Training Orders

Authored By Shishta Dutta | Published at: Oct 29, 2025 01:29 PM IST

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New Delhi, October 29: Drone Destination’s share price is locked in its upper circuit today, after the company announced three supply orders worth ₹3.5 crore from the Indian Army. As of 11:35 AM, Drone Destination shares were up by 5%, or 4.40 points, and were trading at ₹92.40. Until now, the shares have traded within a range of ₹92.40 and ₹91.50. The traded volume stood at 30 thousand shares, with the company’s market cap at ₹215 crore. The shares have their 52-week high at ₹462 and their 52-week low at ₹64.55.

Drone Destination Limited is an Indian company that provides drone pilot training and drone-based services. It was established in 2019 and is headquartered in New Delhi. The shares of the company are listed only on NSE with the ticker symbol DRONE.

Key Triggers: ₹3.5 Crore Indian Army Training Orders

The rise in the share price comes after the company announced three supply orders worth ₹3.5 crore from the Indian Army. The order includes initiatives for drone training and upskilling. The company announced the orders, which include the establishment of an FPV Drone Training Lab, a Drone Training School for 200 Army officers, and a Drone Battlefield Manoeuvring Arena.

The orders from the Indian Army for training and upskilling will help contribute to the company’s order book. It will also allow the company to use this project from the Indian Army to showcase its capacity for new such projects in the future.

REF: https://nsearchives.nseindia.com/corporate/DRONEDESTINATION_27102025151824_IndianArmyTrainingWorkOrder.pdf

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