India, Feb. 4 -- Shares of DroneAcharya Aerial Innovations rallied over 3% to INR 99.35 apiece in intraday trade on the BSE today (February 4).

The stock traded at INR 98.05 per share around 12:52 PM, up 1.8% from its Monday close of INR 96.30. DroneAcharya's market capitalisation stood at INR 235.21 Cr on today.

The company's shares rebounded after four straight sessions in the red. The stock hit a 52-week low of INR 110 on weak H1 earnings reported last November.

The drone maker's consolidated profit after tax (PAT) plunged 62.1% to INR 1.50 Cr in the six months ended September 2024 (H1 FY25) from INR 3.96 Cr a year back, though its revenue from operations zoomed 28.8% to INR 26.90 Cr from INR 20.88 Cr in this period.

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