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Revealed
India's Third Giant Leap

This Could be One of the Biggest Opportunities for Investors




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Drone Related Stocks in India

For many years, the Indian drone market has remained at a nascent phase and is yet to make a breakthrough.

But the situation is changing. With the Indian government putting a lot of weight behind the drone industry, drone related stocks could be the next big thing in India.

Drone related stocks include drone manufacturing companies, companies supplying drone parts, companies using drones in their everyday use, etc.

Think drones used by enterprises for their day to day use, drones used in agriculture, drones used in construction, mining, delivery apps using drones to deliver groceries, medicines etc.

At present, there's limited option in the listed space as there are only a couple of drone related stocks in India.

The top drone related stocks in India include:

#1 Info Edge (India)

#2 DCM Shriram Industries

#3 Zen Technologies

#4 RattanIndia Enterprises

#5 L&T

#6 Hindustan Aeronautics

#7 Paras Defence & Space

#8 Infosys

#9 Reliance Industries

#10 Zomato

There are more to this list. These companies have in some or other way exposed themselves to the evolving drone industry.

While it may seem like drones are expensive, inexpensive drones are also becoming popular these days. And for various recreational purposes.

It appears there will be a flaring competition going forward among drone related stocks as they aim to capture the market.

You can also checkout our playlist on Drone Stocks on Equitymaster's YouTube channel.

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Top Stocks in India's Drone Ecosystem

Oct 29, 2024

Becoming a part of the global supply chain is key to success for Indian drone stocks.

Top 5 Drone Stocks to Benefit from India's Booming Drone Market

Sep 25, 2024

With the drone industry set to grow at a CAGR of 80%, drones are going mainstream. Here are the top five stocks poised to benefit from this trend.

Solar and Drone Stocks to Ride India's Logistics Boom

Sep 19, 2024

Three logistics support sectors that could produce long term gainers.

Three Hidden Megatrends in India's Logistics Boom

Jul 5, 2024

Three logistics support sectors that could produce long term gainers.

Which Companies Manufacture Drones in India?

May 30, 2024

The increasing prevalence and expanding applications of drones are expected to drive growth across. Here are top drone manufacturing stocks to track.

Top Drone Shares in India 2024: Drone Manufacturing Companies to Add to Your Watchlist

Feb 24, 2024

Deep dive into Indian drone firms excelling in design innovation, strategic partnerships, and cutting-edge applications from defence to civilian use.

Best Drone Stock: Ideaforge Technology vs Droneacharya Aerial

Feb 7, 2024

The increasing use cases of drones and favourable government policies are helping both these companies grow at an accelerated pace.

Why RattanIndia Enterprises Share Price is Rising

Nov 3, 2023

Despite being devoid of revenues and profits, the company's foray into new age tech has helped keep it insulated from negative sentiment.

The Best Way to Buy Indian Defence Stocks

Jul 25, 2023

Selecting stocks in India's defence ecosystem must be with sufficient diligence.

Bubble in Defence and Drone Stocks?

Jul 12, 2023

Selecting stocks in Indias defence ecosystem must be with sufficient diligence.

Stocks to Leverage the India-US Drone Deal

Oct 16, 2024

Growth of India's indigenous drone ecosystem depends on such deals.

Top 4 Stocks Poised to Gain from a Potential PLI Scheme for Drone Ecosystem

Sep 21, 2024

The Production Linked Incentive (PLI) scheme for the drone ecosystem could boost growth for companies involved in drone manufacturing and related technologies.

How to Profit from India's Logistics Megatrend the Right Way

Jul 18, 2024

Discover the hidden megatrends driving India's logistics companies.

Which Companies Manufacture Military Drones in India?

Jul 2, 2024

As countries prioritise modernising their defence systems and enhancing national security with military drones, here are top military drone manufacturing stocks to track.

Bulk Deal Alert: Shankar Sharma Sells 200,000 Shares of this Drone Stock

May 3, 2024

This decision by the superstar investor could prove costly as the drone company has strong growth levers in place.

Maruti's New Technology Might Forever Alter the Electric Vehicle (EV) Market

Feb 16, 2024

Maruti is aiming for the skies and plans to launch electric air copters by 2025, with its eyes set on global expansion.

Tata Group Company Picks Over 2% Stake in this Multibagger Drone Stock

Dec 20, 2023

The renowned conglomerate is looking to seize the massive opportunity in the drone market by acquiring stake in this defence company.

Why You Should Be Paying Attention to this Fertilizer Company's Startup Portfolio

Aug 9, 2023

This Indian company is quietly investing in the next big startups. Here's everything you need to know.

Drone Stock Soars 45% in 3 Days. What Investors Need to Know

Jul 14, 2023

Here's why shares of this multibagger drone stock hit their 52-week high.

What the ideaForge IPO Means for Infosys

Jun 22, 2023

There is a safer way to ride the asymmetrical payoffs of new disruptive tech businesses.




FAQs

Which are the top drone companies in India?

Based on marketcap, these are the top drone companies in India:

You can see the full list of drone stocks here.

And for a fundamental analysis of the above companies, check out Equitymaster’s Indian stock screener which has a separate screen for best drone companies in India.

What are the top gainers and top losers within the drone sector today?

Within the Drones sector, the top gainers were ZOMATO (up 5.5%) and DRONE DESTINATION (up 5.0%). Within the Drones sector, the top gainers were ZOMATO (up 5.5%) and DRONE DESTINATION (up 5.0%).

How should you value drone companies?

Investing in stocks requires careful analysis of financial data to find out a company's true worth. However, an easier way to find out about a company's performance is to look at its financial ratios.

Two commonly used financial ratios used in the valuation of stocks are -

Price to Earnings Ratio (P/E) - It compares the company's stock price with its earnings per share. The higher the P/E ratio, the more expensive the stock.

Price to Book Value Ratio (P/BV) - It compares a firm's market capitalization to its book value. A high P/BV indicates markets believe the company's assets to be undervalued and vice versa.

Where can I find a list of drone stocks?

The details of listed drone companies can be found on the NSE and BSE website.

For a curated list you can check out our list of drone stocks.