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Rattanindia’s Neosky Takes Drone Training To Schools, Stock Surges Over 3%

20 February 20243 mins read by Angel One
The share has given a multibagger return of over 116% in the last one year and over 70% return in the last six months.
Rattanindia’s Neosky Takes Drone Training To Schools, Stock Surges Over 3%
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About training and collaboration

The sky’s no longer the limit for curious young minds in Bangalore, thanks to a groundbreaking initiative by RattanIndia Enterprises‘ drone company, Neosky. In collaboration with leading healthcare provider Narayana Health, Neosky has launched an innovative drone training program for school children, sparking interest in this rapidly evolving technology.

This pioneering program marks a giant leap forward, introducing the wonders of drones to students at an early age. Neosky, a full-fledged player in drone training, research, development, manufacturing, and services, boasts a state-of-the-art training centre equipped with advanced simulators and expert instructors. Their proven track record includes training entrepreneurs, college students, and even self-help group women under the government’s “Namo Drone Didi” initiative.

The curriculum, designed with an eye on future careers, blends theory and practical learning with engaging activities. Students will not only gain fundamental drone knowledge but also explore its exciting applications in the healthcare sector, thanks to Neosky’s subsidiary company’s innovative “Med-Copter” series capable of Beyond Visual Line of Sight (BVLOS) operations.

Share Price Movements

Rattanindia Enterprises Ltd (RTNINDIA) is currently trading at Rs 86.95, up Rs 2.61 (+3.09%) from its previous close of Rs 84.34. This marks a strong performance for the stock today, pushing it closer to its 52-week high of Rs 94.85. Looking at the day’s trading range, Rattanindia opened at Rs 85.21 and reached a high of Rs 88.18 before settling at its current price. While it didn’t hit its 52-week high today, the positive movement reflects investor confidence in the company.

About the company

RattanIndia Enterprises Limited (REL) is a publicly listed company focused on new-age growth businesses, including electric mobility, drones, e-commerce, fashion brands, and fintech. REL is a Fortune 500 India company with India’s first DGCA-approved drone, a PLI scheme license, and a DCGA-type certificate drone.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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