RattanIndia Enterprises gains as its arm partners with Karnataka government to deploy drones
RattanIndia Enterprises is currently trading at Rs. 54.10, up by 0.47 points or 0.88% from its previous closing of Rs. 53.63 on the BSE.
The scrip opened at Rs. 53.66 and has touched a high and low of Rs. 54.23 and Rs. 53.05 respectively. So far 106140 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 92.10 on 13-Aug-2024 and a 52 week low of Rs. 37.45 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 57.90 and Rs. 53.05 respectively. The current market cap of the company is Rs. 7399.29 crore.
The promoters holding in the company stood at 74.86 % while Institutions and Non-Institutions held 6.08 % and 19.07 % respectively.
RattanIndia Enterprises’ 100% subsidiary -- NeoSky India has strengthened its presence in the security domain with significant drone deployments in Karnataka. The company has partnered with Karnataka government to deploy drones for enhanced security. NeoSky recently supplied drones to the Kalaburagi district administration. NeoSky will soon supply an additional 60 Tavas drones to the Karnataka Police. Tavas is a foldable drone featuring swappable payload and six-sided obstacle avoidance using LiDAR technology.
NeoSky has been collaborating with the Indian armed forces, paramilitary forces, state police, and other agencies to support the nation’s evolving security needs. Recently, a range of surveillance drones was deployed to the Karnataka Police. This includes, Nimble-I which is equipped with day & night surveillance, swappable payloads, and AI-enabled capabilities and NS01, a micro drone weighing approximately 550 grams, equipped with a day camera.
NeoSky is also scaling up its drone skilling initiatives across multiple sectors. The company trains students from armed forces, paramilitary units, rural communities, agriculture universities, schools, colleges, and even international learners and content creators. NeoSky holds a 10-year DGCA license to train and certify drone pilots in India. Currently, it is training 500 graduates and postgraduates from agricultural universities under this programme.
RattanIndia Enterprises (REL) is the flagship company of the RattanIndia Group, focused on building and scaling new-age, technology-led businesses in India.
