Creative Newtech moves up on partnering with Passenger Drone Research
Creative Newtech is currently trading at Rs. 671.70, up by 11.70 points or 1.77% from its previous closing of Rs. 660.00 on the BSE.
The scrip opened at Rs. 668.35 and has touched a high and low of Rs. 672.00 and Rs. 668.00 respectively. So far 145 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 796.00 on 15-Dec-2025 and a 52 week low of Rs. 600.05 on 16-Feb-2026.
Last one week high and low of the scrip stood at Rs. 682.15 and Rs. 600.05 respectively. The current market cap of the company is Rs. 1008.67 crore.
The promoters holding in the company stood at 56.62%, while Institutions and Non-Institutions held 1.26% and 42.12% respectively.
Creative Newtech has entered into a strategic business agreement with Passenger Drone Research (PDRL) to support pan-India distribution and market expansion of PDRL’s drone components and software platforms. Under the agreement, the company will act as Business Growth Partner for pan-India distribution of PDRL’s products. Using its nationwide distribution network and strong market reach, the company will help drive wider adoption of PDRL’s indigenous drone technologies across agriculture, as well as emerging enterprise, logistics, surveillance and defense sectors.
The partnership covers the distribution and market development of PDRL’s flagship offerings, including Ag++ Flight Controller, AeroFC V2 flight controller, NamoAG (Navigation for Modern Agriculture), and the AeroGCS software suite, comprising AeroGCS Config, Defence, Green, Orange, and Enterprise editions. These solutions are QCI-compliant, aligned with India’s regulatory framework, and support OEMs in meeting indigenization and certification requirements. PDRL currently powers nearly 60% of India’s agricultural drone OEMs and plays an active role in supporting government-led programs.
This collaboration also strengthens the company’s technology portfolio. For the company, drones represent more than a new product category. They are a natural extension of its broader focus on Surveillance, Security, Enterprise Technology and Mission-critical infrastructure. The emphasis is on building systems that are compliant, scalable, and ready for sustained deployment across sectors where reliability is essential.
