The company's shares have an ROE of 123 per cent and an ROCE of 100 per cent. 

Radhakishan Damani holds an 11.34 per cent stake in the company as per the recent update.

The acquisition will increase Adani Cement's market share by approximately 2 per cent nationwide and by around 8 per cent in southern India.

The company will invest Rs 150 crores to increase its overall shareholding in the key player in India's drone industry, offering a comprehensive range of Unmanned Aerial Systems (UAS) technology solutions, to 58 per cent.

Renowned investor Rakesh Jhunjhunwala's wife, Rekha Jhunjhunwala, holds 4.46 per cent of the company.

Shares of the company have generated a multibagger return of 1180 per cent in the last three years.

According to its quarterly results, the net sales increased by 29 per cent to Rs 211 crore and net profit skyrocketed by 115 per cent to Rs 15 crore in Q1FY24 compared to Q1FY23. According to its annual results, the net sales increased by 37 per cent to Rs 796 crore and net profit skyrocketed by 500 per cent to Rs 48 crore in FY23 compared to FY22.

If an investor had invested Rs 1 Lakh in this company, it would have grown to approximately Rs 21 Lakhs in just ten years

The net profit of the company soared 30 per cent on the strength of double-digit revenue growth!

This strategic acquisition will strengthen its presence in key areas such as autonomous driving, e-mobility, and connectivity.