Drone Stocks: Ideaforge Technology, Zen Tech, Bel Shares Rally Up To 15% Today; Here's Why 

Makers of home drones and anti-drone systems saw their stocks rallying 12 per cent successful Friday's waste and acquisition amid hopes request for specified blase defence systems whitethorn emergence amid escalating India-Pakistani tensions. To recall, Pakistan’s subject had a time earlier accused India of launching drone strikes connected aggregate targets, including Karachi and Lahore, utilizing precocious Israeli-made loitering munitions. The drones successful mobility were HAROP and Heron Mark-2.

On Friday, Ideaforge Technology led nan gainers, surging 15.28 per cent to Rs 445 connected BSE. A vertically-integrated company, Ideaforge Technology design, develop, and manufacture indigenous UAVs. This banal gained moreover arsenic nan institution reported a nett nonaccomplishment of Rs 25.71 crore for nan March quarter.  

Zen Technologies, which offers anti-drone system, deed its 5 per cent precocious circuit limit astatine Rs 1,406.35. Zen's systems activity connected drone detection, classification and search connected passive surveillance, camera sensors and neutralisation of nan threat done jamming nan Drone communication. 

Bharat Electronics climbed 3.41 per cent to Rs 317.25. BEL offers Counter Drone System, which are developed by DRDO and productionised by nan PSU defence manufacturer. The Counter Drone System (D4 System) is tin of performing existent clip search, detection, search and neutralisation of nan flying micro and mini UAVs.

Paras Defence and Space Technologies Ltd gained 4.24 per cent to Rs 1,418.40. A subsidiary Paras Aerospace is is progressive successful making drones, drone services and associated technologies.

In its net report, IdeaForge Technology noted that FY25 saw a important slowdown for nan broader drone manufacture successful India, owing to nan wide elections successful nan first portion and past nan slow advancement towards procurement initiatives, contempt nan latent demand.

The manufacture started to regain momentum astatine nan extremity of nan twelvemonth pinch nan caller emergency procurement rhythm for CICT operations going into tendering shape successful Q4, on pinch tests of galore different civilian programs arsenic good towards the
end of nan aforesaid quarter.

"And thus, while we did not spot closure of opportunities to orderbook successful Q4, we now spot their patient progression to our L1 pipeline," it said. Ideaforge said it transitioned from a drone shaper to a drone solution supplier successful FY25.

Hindustan Aeronautics Ltd besides precocious 2.65 per cent to Rs 4,536.40. The HAL RUAV-200, aliases Rotary Unmanned Aerial Vehicle, is simply a high-altitude, medium-endurance drone being developed by Hindustan Aeronautics Limited (HAL) for nan Indian Army.

Earlier Elbit Systems, nan Israeli defence tech elephantine listed connected NYSE, precocious saw its shares rallying pursuing India’s Operation Sindoor, which marked nan first known operational deployment of SkyStriker kamikaze drones -- a limb jointly developed by Elbit Systems and Alpha Design Technologies, now portion of nan Adani Group. 

Meanwhile, India said complete 50 drones were successfully neutralised during a large-scale counter-drone cognition conducted by Indian Army aerial defence units successful Udhampur, Samba, Jammu, Akhnoor, Nagrota, and Pathankot. 

Published on: May 9, 2025 10:08 AM IST