The selling binge in Droneacharya Aerial shares came to an end on Friday, and the price saw a big surge. This company’s investors also include veteran Bollywood performers. This stock’s IPO was brisk, and investors profited handsomely.
On Friday, the shares of drone manufacturer Droneacharya Aerial stopped falling. Droneacharya Aerial’s shares soared on the final trading day of the week, breaking free from selling pressure.
The stock increased 4.98 percent from the previous day’s close of Rs 170.55 to Rs 179.05 today. This stock has generated a lot of money for its investors since it was listed on the stock market.
However, it had been raining for the previous five days. This company’s investors also include Bollywood veteran stars Aamir Khan and Ranbir Kapoor.
The listing was impressive.
This company’s IPO price band was Rs 52-54, and it was listed for Rs 102, representing an 88% premium.Since its first public offering, this stock has rocketed to almost Rs 243.Aamir-Ranveer and other investors profited greatly as a result. But then it began to sell.
However, this stock has now begun to soar again. Aamir-Ranbir has made an investment. Even before Droneacharya Aerial’s IPO, Bollywood stars Aamir Khan and Ranbir Kapoor invested millions of dollars in the firm.
According to sources, Aamir Khan purchased 46,600 shares of the firm for Rs 25 lakh prior to the IPO.Ranbir Kapoor, on the other hand, paid Rs 20 lakh for 37,200 shares.Along with these actors, these equities were distributed to additional investors for Rs 53.59 per share.
Looking at the statistics on Droneacharya Aerial’s shares, according to BSE data, it has delivered its investors a return of 67.18% in roughly a month.
This statistic reflects the drop that occurred following the first boom.
Prior to Friday’s rise, this stock had lost 9.93% in five sessions.
Droneacharya Aerial began at Rs 166.90 and achieved an intraday high of Rs 179 on Friday.
Its lowest point was Rs 162.15.
If we look at its 52-week high, it is Rs 243.35 and its 52-week low is Rs 96.90.
This company’s initial public offering (IPO) was launched in December 2022, the last month of the year 2022.
The IPO was accessible for investment from December 13 to December 15.
This IPO was listed on December 23, and investors’ money was doubled on the day of listing.
Following that, there was an upward circuit in this stock for several days.