Bengaluru, Sept. 18 -- The shares of this leading IT services provider are in focus after eyes tapping the 1.95 lakh crore Indian Drone Market with the signing of this critical MOU. In this article, we will dive more into the details.

With a market capitalization of Rs 2,180 crore, the shares of Colab Platforms Ltd made a day high of Rs 106.85 per share, up by 2 percent from its previous day closing price of Rs 104.76 per share. In the last one year, the stock has delivered a robust return of 657 percent, outperforming the NIFTY 50's return of 0.20 percent.

About the announcement

Colab Platforms Limited has signed a non-binding Memorandum of Understanding (MoU) with RRP Drones Innovation Private Limited, a part of the RRP Group, to joi...