Narayana Murthy’s Infosys-Backed Drone Stock Hits Upper Circuit: Receives Fresh Order from India’s Defence Ministry; In Focus Since Operation Sindoor
Narayana Murthy’s Infosys-Backed Drone Stock Hits Upper Circuit: Receives Fresh Order from India’s Defence Ministry; In Focus Since Operation Sindoor

Narayana Murthy’s Infosys-Backed Drone Stock Hits Upper Circuit: Receives Fresh Order from India’s Defence Ministry; In Focus Since Operation Sindoor

Infosys Ltd, co-founded by Narayana Murthy, holds a 3.82 per cent stake in Ideaforge, amounting to 16,47,314 shares.

DSIJ Intelligence-3 Article rating: 5.0

The recent Operation Sindoor, launched in response to the Pahalgam attack, is being seen as a key inflection point for India’s drone industry. This drone stock, in particular, has been in the spotlight since the operation, as investor sentiment builds around the evolving role of UAVs in modern warfare and homeland security.

Infosys-backed aerospace and defence company announced robust results, profits surged by 1,334 per cent!
Infosys-backed aerospace and defence company announced robust results, profits surged by 1,334 per cent!

Infosys-backed aerospace and defence company announced robust results, profits surged by 1,334 per cent!

In Q4 FY24, the company's revenue grew by 171 per cent, while in FY24, it grew by 70 per cent year-over-year.

DSIJ Intelligence Article rating: 3.6

Infosys has consistently held 3.84 per cent ownership in the company for the past two consecutive quarters, while FIIs and DIIs hold 2.75 per cent and 3.76 per cent, respectively.

Infosys holds 16,47,314 shares of this small-cap defence stock; 7 new patents have been granted, check the order book!
Infosys holds 16,47,314 shares of this small-cap defence stock; 7 new patents have been granted, check the order book!

Infosys holds 16,47,314 shares of this small-cap defence stock; 7 new patents have been granted, check the order book!

It holds a pioneering position and serves as the pre-eminent market leader in Indian Unmanned Aircraft Systems, with UAVs equipped with industry-leading specifications and capabilities.

DSIJ Intelligence-3 Article rating: 3.9

In December 2023, was ranked as the 5th global dual-category (civil & defence) drone manufacturer by Drone Industry Insights

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