Creative Newtech inches up on inking pact with Jupiter Electric Mobility
Creative Newtech is currently trading at Rs. 1219.00, up by 3.20 points or 0.26% from its previous closing of Rs. 1215.80 on the BSE.
The scrip opened at Rs. 1203.05 and has touched a high and low of Rs. 1,235.30 and Rs. 1196.95 respectively. So far 1270 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1282.75 on 19-Aug-2026 and a 52 week low of Rs. 524.10 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 1,247.90 and Rs. 1,170.30 respectively. The current market cap of the company is Rs. 1828.51 crore.
The promoters holding in the company stood at 56.62%, while Institutions and Non-Institutions held 1.55% and 41.84% respectively.
Creative Newtech has partnered with Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons, for the pan-India distribution of Jupiter’s drone batteries. Under the agreement, Creative Newtech will leverage its nationwide distribution network and market access capabilities to expand the availability of these solutions across customers and resellers in India.
The partnership brings together Creative Newtech’s distribution strength and market-development expertise with Jupiter Electric Mobility’s specialised battery technologies, expanding access to high-performance power solutions for India’s growing drone ecosystem. For Creative Newtech, the partnership broadens its participation in the drone ecosystem by adding a critical technology that directly supports drone performance and reliability. It also builds on the company’s presence across drone components and software, while strengthening its portfolio across emerging technology categories.
The partnership is aligned with Creative Newtech’s broader strategy of expanding into specialized technology categories where its distribution, market-development and execution capabilities can help create scalable, long-term market opportunities. Under the agreement, Creative Newtech has been appointed as a PAN India distributor for Jupiter’s drone batteries, with the ability to sell to customers and resellers and appoint partners, resellers and sub-representatives across the country. Jupiter will support the partnership through product training, promotional material, technical information and sales support, enabling Creative Newtech and its channel ecosystem to effectively develop the market for these solutions.
