Jyoti Global Plast Extends Rally for Third Session, Rises 15% Post Drone Debut

Mumbai, October 10, 2025: Jyoti Global Plast Limited stock (NSE: JYOTIGLOBL) continued its winning streak for the third straight session on Friday, moving up more than 15% in the morning trade as the investors once again showed interest in the counter following the company’s foray into the drone manufacturing business. The counter opened firmly at ₹77.75 and maintained a firm tone during the initial trade, indicating steady demand for the just-listed SME counter.

Founded in 2004 and listed on the NSE SME platform in August 2025, Jyoti Global Plast Limited is a specialist manufacturer of engineering plastic and composite moulded products. Drawing on its core strengths in material science and precision fabrication, the company is now diversifying into the manufacturing of drones with an emphasis on rugged high-endurance aerial platforms for civil and defense applications.

Stock Performance and Market Reaction

The counter registered its winning streak after steep gains during the earlier part of the week. As of 10:37 am IST, the stock hit a high of ₹68.55, rising ₹3.75 or 5.79% during the session. The stock fluctuated between ₹73.10 and ₹77.75 in the session, while VWAP stood at ₹77.23. At this level, Jyoti Global Plast’s market capitalisation was at ₹147.26 crore, reflecting rising investor confidence in the group’s diversification play.

Drone Launch Fuels Investor Confidence

The sharp rally follows the launch of Jyoti Global Plast’s first line of surveillance drones, a change of strategy for its original core business in plastics and composite materials. The specially designed drones are equipped with twin day and thermal cameras, Android-controlled control systems, and vibration-absorbing modular pods that make them highly suitable for use in defense, infrastructure, and industrial monitoring applications.

Management Commentary

The progress was outlined by Deven Shah, Jyoti Global Plast’s CEO and Whole-Time Director, as an endorsement of the group’s capabilities in advanced materials and precision engineering, which gives it a strong competitive edge to create high-performance, dependable drone systems. He added that the company remains committed to a disciplined and scalable rollout of drone products to address India’s fast-growing security, inspection, and surveillance markets.

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