Imagine owning a piece of the companies that make and use those cool flying robots! Drone stocks are shares of companies involved in the design, development, manufacturing, and operation of drones (Unmanned Aerial Vehicles or UAVs) in India.
Name | Price | Analyst Rating | M Cap | Target Price | Alpha | 1Y Return | 3Y Return | 5Y Return | PE | Industry PE | PB | Beta | Div Yld | Net Profit Qtr | Net Profit QoQ % | Net Profit YoY % | Net Profit 3Y Change % | Rev Qtr (in Cr) | Rev QoQ (in %) | Rev 1Y change % | Rev 3Y change % | Profit Mar Qtr | Profit Mar QoQ | Profit Mar 1Y Change% | Profit Mar 3Y Change% | Sector | M Cap | ROE | ROCE | EPS | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
![]() | ₹4,685.40 | BUY | LARGE CAP | 5238.75 | 103.42% | 128.13% | 562.77% | 1236.64% | 37.78 | 57.97 | 7.66 | 1.87 | 1.05% | 1437.14 Cr | 30.77% | 134.81% | 4347.5 | 12.83% | 32.77% | 25.08% | 13.31% | 15.9% | 76.86% | Industrials | 311438.49 | 28.9% | 26.24% | 113.95 | 1258288 | ||
![]() | ₹7,476.70 | BUY | MID CAP | 7249.86 | 39.81% | 64.51% | 12.33% | 277.9% | 147.46 | 208.28 | 2.83 | 1.02 | 0.39% | 258.86 Cr | 194.29% | 676.71 | 2.93% | 8.13% | 124.85% | 23.44% | 185.9% | Technology | 95984.9 | 4.58% | 6.22% | 46.04 | 132567 | ||||
![]() | ₹78.11 | SMALL CAP | 1.42% | 26.12% | 66.87% | 3457.27% | 9.83 | 34.14 | 11.17 | 1.46 | NA | 851.25 Cr | 86.94% | 2494.04 | 92.69% | 29376.7% | Utilities | 10817.64 | NA | NA | 4621189 | ||||||||||
![]() | ₹1,618.80 | BUY | SMALL CAP | 1910 | 71.92% | 96.62% | 640.33% | 2616.01% | 84.44 | 57.97 | 17.71 | 1.05 | NA | 79.49 Cr | 111.47% | 159.16% | 4575.09% | 254.62 | 80.08% | 100.98% | 705% | 29.44% | 17.43% | 28.94% | 480.76% | Technology | 14394.99 | 33.47% | 47.46% | 15.41 | 237327 |
![]() | ₹1,179.50 | SMALL CAP | 19.78% | 44.48% | 139.82% | 139.82% | 112.48 | 57.97 | 5.9 | 1.27 | NA | 14.11 Cr | 46.98% | 90.25% | 83.57 | 4.87% | 13.97% | 76.86% | 11.85% | 40.16% | 7.57% | Industrials | 4605.91 | 8.82% | 12.46% | 7.7 | 33591 |
Here are some potential advantages of investing in drone stocks:
Industry Growth and Market Expansion
The drone industry is experiencing rapid growth, with new applications emerging all the time. This means that companies that develop, manufacture, and operate drones could see significant increases in revenue in the coming years.
Adoption and Integration Across Industries
Drones are being adopted by a wide range of industries, including agriculture, logistics, construction, healthcare, and e-commerce. This diversification can provide stability and reduce risk for drone stock investors.
Cost Savings, Efficiency, and Productivity Gains
Drones can help businesses save money, improve efficiency, and boost productivity. For example, drones can be used to inspect crops, deliver packages, and map construction sites more quickly and cheaply than traditional methods.
Technological Advancements and Innovation
The drone industry is constantly innovating, with new features and capabilities being developed all the time. This can lead to new opportunities for drone companies and increased investor interest.
High Revenue Growth Potential
Especially for drone companies in developing economies, there's a high potential for revenue growth due to the nascent market and increasing adoption across various sectors.
A drone that resembles a mini aircraft is a remotely controlled vehicle. It also goes by the name UAV or unmanned aerial vehicles. It has a tiny yet sophisticated robot-like structure and it is also controlled using a remote. The main purpose of this aerial vehicle is to help in making our life more simple. Drones have the capability to carry and deliver groceries at our doorstep and deliver parcels at home.
Moreover, it can also be maneuvered to complete extremely risky tasks such as scanning an active volcano or any approaching danger zones and it is utilized extensively for military or defense purposes.
Due to its extensive capabilities and unique service options, food, grocery, and e-commerce platforms such as Amazon, Zomato, Swiggy, etc. are searching for ways to increase the efficiency of their delivery services utilizing the drones. Let us look at how the drones and drone manufacturing companies are helping us in our daily life and beyond.
The United States and British military forces have been utilizing drones for security and training purposes. Moreover, some of the drones also specialize in spying and surveillance. Drones can also be used in congested places in order to scan for any kind of explosive and similar materials. Indian defense and security forces are utilizing the same technology in order to look for security threats.
The world of cinema, mass media, journalism, photo and videography drones have brought forth a revolution. The UAVs are now extensively being used to take breathtakingly beautiful pictures and videos. Drones can reach the place and can create angles that are not physically possible for human beings. Lots of journalists and photographers use drones in order to cover incidents, take pictures for new reports, etc.
Even though delivering shipments through drones is a technology that is still a work in progress, big companies such as Amazon have already tested the technology and have started delivering their shipments mainly in the United States and other European countries. In India food and grocery delivery services such as Dunzo, Zomato, Swiggy are also considering opportunities to deliver essential products such as medicine, food, and grocery items utilizing the UAVs.
Even though humans have developed the technology to reach the moon, there are still places on earth that are not accessible to humans. For example, the peak of a huge mountain, coastlines, etc. In these circumstances, the drones are utilized in order to study and scan the whole topography of the location. With the help of the captured footage, a 3D map is created so that researchers can study the areas more extensively.
For safety purposes, the gas and oil companies regularly have to check or inspect their huge storage and tanks from time to time. With the help of drones, these inspections can be timely conducted without external risk or hassle.
Drones also have agricultural usage. The rotor drones are used to observe the condition of the crops and to dispense fertilizers on the same.
Due to their multipurpose usage drones are a cost-efficient option for the long term and companies who want to provide better services to their customers can utilize drones to conduct their daily operations quickly and more efficiently. If you are interested in investing in futuristic technologies then you can put your money in drone company stocks.
Key takeaways
1. Do Not Blindly Follow Hot Tips
No matter how credible the source is, never follow a stock marketing tip blindly without conducting thorough research personally. Always select the stocks after doing proper research and analysis on the performance as well as the companies. While some tips can work out to give you huge benefits, the wrong ones can push you down under the risk pretty quickly.
2. Eliminate Loser Stocks from Portfolio
There is absolutely no guarantee that a stock will rise after a great fall. Know that it is extremely important to be practical about what is possible and what's impossible in the stock market. So, upon realizing that a stock is performing poorly in your portfolio, accept your mistake and sell it immediately to prevent further losses.
3. Don't Exceed Your Investment Budget Abruptly
While it's true that long-term investments are way better than other forms of investment, you shouldn't exceed your investment budget in a haste. Instead, decide on a fixed amount and invest it across various good stocks. Rather than investing in only one stock, divide your budget evenly across multiple good-performing stocks and shares.
As per the Fortune Business Insights, the worldwide commercial market for drones was at US 6.51 billion dollars last year. The current market projection of the drone industry is expected to grow from US 8.15 billion dollars in 2022 to US 47.32 billion dollars by the end of 2029, with a CAGR of 28.58 percent.
DJI can be considered the best in the entire drone industry because it has been at the top of the commercial drone industry for the longest time. It is also currently the largest drone manufacturer in the world.
According to the recent actions in the Indian stock exchanges, you can invest in the following drone manufacturing companies:
DJI has brought out the recent drone technology where they have introduced an automatic collision control feature. In the DJI Phantom 4, the company has installed this avant-garde technology through which drones can avoid bumping into any object while flying through open space.
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