Raminfo zooms on launching Kisan Drones

Ram Info is currently trading at Rs. 130.30, up by 13.20 points or 11.27% from its previous closing of Rs. 117.10 on the BSE.

The scrip opened at Rs. 118.95 and has touched a high and low of Rs. 133.80 and Rs. 118.00 respectively. So far 117457 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 169.10 on 05-Mar-2024 and a 52 week low of Rs. 91.25 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 133.80 and Rs. 113.00 respectively. The current market cap of the company is Rs. 98.81 crore.

The promoters holding in the company stood at 33.65%, while Non-Institutions held 66.34% stake in the company.

Raminfo is marking a significant step toward the agricultural sector with the launch of Kisan Drones. This initiative is set to revolutionize the agricultural landscape by offering cutting-edge drone services that promise to enhance farming practices and productivity.

Kisan Drones is designed as a ‘Drone-as-a-Service’ platform, poised to deliver a wide range of benefits to farmers across India. These technologically modern drones will be deployed across agricultural fields, enabling precise field mapping and efficient fertilizer spraying. This technological advancement is expected to significantly boost agricultural output and refine the art of farming, providing farmers with a powerful tool for modern agriculture.

The focus of the initiative will be at the grassroots level of the drone ecosystem within the farming fraternity, where farmers will have access to the best drones, servicing of the same, and training of new drone pilots. The drone entrepreneurs will also receive the required financing and guidance to bring them to speed with the demand and business development associated with their new enterprise, making Kisan Drones a one-stop shop not only for new entrepreneurs but also for drone pilots.

The initiative plans to launch 100 centers in the next two years: Andhra Pradesh, Telangana, Rajasthan, Madhya Pradesh, and Odisha. There will be two different types of stores ‘mini and major’ stores to meet the farmers' needs. The Mini stores will provide only the basic drone store facilities while the Major stores will be larger compared to the mini stores and will provide the farming community with extensive service options with qualified drone pilots to guide the farmers on how to access the different types of drones according to the farmer's need.

Raminfo is one of the leading providers of technology solutions for some of the premier organizations across Government, Fintech, Healthcare, Smart Energy, IoT & Analytics and Engineering Services.