Drone Stocks - A Trending Choice

The drone industry in India has been evolving rapidly, along with a surge in startups and innovation. Based on market cap and analyst ratings, here are some of the best drone stocks.

1) Bharat Electronics Ltd

It helps meet the needs of India's defence forces related to missiles, electronic warfare, naval systems, radars, and drones. Analyst Rating: 86 ; Market cap as of 17-09-2024: ₹ 2,12,239 Cr

2) Hindustan Aeronautics

It's India’s largest defence equipment manufacturer and supplier. It also designs and develops a wide range of products used in the civilian and defence sectors. Analyst Rating: 80 ; Market cap as of 17-09-2024: ₹ 3,07,362 Cr

3) ideaForge Technology

This company designs and develops products used in the civilian and defence sectors. Analyst Rating: Relatively new company with a limited analyst following ; Market cap as of 17-09-2024: ₹ 3,084 Cr

4) Zen Technologies

It is engaged in the design and development of defence training systems. Analyst Rating: Relatively new company with a limited analyst following ; Market cap as of 17-09-2024: ₹ 15,482 Cr

5) Paras Defence and Space Technologies

It has a significant presence in drones, including anti-drone systems. Analyst Rating: Relatively new company with limited analyst ratings ; Market cap as of 17-09-2024: ₹ 4,458 Cr

Detailed Blog on the Best Drone Stocks in India

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