Sigma Advanced Systems shines on partnering with Indrajaal Drone Defence
Sigma Advanced Systems is currently trading at Rs. 179.95, up by 7.60 points or 4.41% from its previous closing of Rs. 172.35 on the BSE.
The scrip opened at Rs. 180.55 and has touched a high and low of Rs. 180.95 and Rs. 176.10 respectively. So far 11292 shares were traded on the counter.
The BSE group 'T' stock of face value Rs. 10 has touched a 52 week high of Rs. 234.00 on 04-Nov-2025 and a 52 week low of Rs. 49.90 on 27-Mar-2025.
Last one week high and low of the scrip stood at Rs. 180.95 and Rs. 163.30 respectively. The current market cap of the company is Rs. 3172.31 crore.
The promoters holding in the company stood at 35.07%, while Institutions and Non-Institutions held 0.23% and 64.70% respectively.
Sigma Advanced Systems has entered into a long-term strategic partnership with Indrajaal Drone Defence to supply the core radar and electronic warfare subsystems that form the technological backbone of Indrajaal Drone Defence’s counter-drone systems.
The strategic partnership is leading to around Rs 250 crore of contracts for the first year, and provides for the exclusive supply of mission-critical systems and subsystems that Indrajaal Drone Defence will integrate across its counter-UAS solutions. Furthermore, through the company’s established European operations via Nasmyth, the partnership enables market access for Indrajaal Drone Defence to enter the EU and NATO defence ecosystem, significantly expanding its global addressable market.
The collaboration brings together Sigma’s three decades of deep-tech defence engineering and manufacturing capability with Indrajaal Drone Defence’s system integration and deployment expertise, creating a fully indigenous counter-drone technology stack anchored in radar, sensing, jamming, and spoofing systems.
Sigma Advanced Systems is a globally integrated aerospace and defence company with decades of manufacturing experience.
