70 Shares of drone startup DroneAcharya Aerial Innovations got listed on the Indian stock exchange at almost a 90% premium to its issue price on Friday (December 23) amid a lull in the overall stock market, with most new-age tech stocks trading in the red. DroneAcharya debuted at INR 102 apiece on the BSE SME platform against its issue price of INR 54 apiece. The shares rose further during the day and were trading at INR 107.1 at 2 PM, up 5% from their listing price. Founded by Prateek Srivastava in 2017, DroneAcharya offers various drone solutions for multi-sensor drone surveys, pilot training, data processing, and more. It has become the first Indian drone startup to get listed on the stock exchange. You Might Be Interested In Marcos renews push for more taxes Bitcoin tops $30,000 for the first time since June ahead of key inflation data Asian Markets Soar to 4-Month High on News of Chinese Economic Reopening WTI Crude Oil Faces Seasonal Pressures Amidst Market Speculation The complex challenges facing China’s economic future Hedge Funds Show Strong Appetite for Chinese Stocks Amidst Stimulus Prospects
