Raminfo Ltd enters into MoU with Marut Dronetech Pvt Ltd

In line with the Hon'ble Prime Minister initiative "Namo Drone Didi" scheme which seeks to empower women Self Help Groups (SHGs) and bring in new technologies through drone services in the agriculture sector, livelihood improvement, improved efficiency in agriculture filed, enhance crop yield and reduced cost of operation for the benefit of farmers, Raminfo Ltd on 07th December entered into a Memorandum of Understanding('MoU') with Marut Dronetech Private Limited ('Marut') to collaborate, supply of drones and to undertake the services for Drone as a Service (DAAS).

The company has received an initial order of Rs. 1 Cr and further orders are in pipeline.

The rationale behind the Business expansion in the field of Drone as a Service (DAAS) and to be a part of the Hon'ble Prime Minister Namo Drone Didi Scheme.

Shares of RAMINFO LIMITED was last trading in BSE at Rs. 112.10 as compared to the previous close of Rs. 109.35. The total number of shares traded during the day was 28559 in over 322 trades.

The stock hit an intraday high of Rs. 113.90 and intraday low of 104.30. The net turnover during the day was Rs. 3154636.00.

Source : Equity Bulls

Keywords

RAMINFO INE357B01022 MoU MarutDronetech DroneasaService