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SME drone stock wins big: Work order for drone-based mapping services and MoU for GIS projects to digitize over 6,50,000 villages in India!
SME drone stock wins big: Work order for drone-based mapping services and MoU for GIS projects to digitize over 6,50,000 villages in India!

SME drone stock wins big: Work order for drone-based mapping services and MoU for GIS projects to digitize over 6,50,000 villages in India!

Drone Destination Limited is Well-Positioned to Benefit from Growing Demand for Drone-Based Services

Prajwal Wakhare Article rating: 4.0

Drone Destination listed on NSE in July 2023 with listing gains of around 57% and stock has generated 40.67 per cent by trading. Company is Almost Debt Free with Strong ROE and ROCE

Do you own this small-cap stock that secured orders worth Rs 1948.58 crore in FY 2022-23?
Do you own this small-cap stock that secured orders worth Rs 1948.58 crore in FY 2022-23?

Do you own this small-cap stock that secured orders worth Rs 1948.58 crore in FY 2022-23?

The company's shares are trading at a PE multiple of 15.55, an ROE of 26.4 per cent and a ROCE of 35 per cent, all of which indicate strong managerial performance.

Kiran Shroff Article rating: 4.1

In comparison to FY22, the corporation doubled its operating profit and net profit in FY23. On BSE today, the company saw a spurt in volume by more than 14 times.

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