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RattanIndia Enterprises shines on launching new drone delivery platform ‘L-series’

RattanIndia Enterprises Ltd. | Finance - Investment | BFSI | BSE: 534597 | NSE: RTNINDIA

15 Feb 2023 Evaluate

RattanIndia Enterprises is currently trading at Rs. 39.85, up by 1.90 points or 5.01% from its previous closing of Rs. 37.95 on the BSE.

The scrip opened at Rs. 39.90 and has touched a high and low of Rs. 41.90 and Rs. 39.20 respectively. So far 308464 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 59.70 on 03-Jun-2022 and a 52 week low of Rs. 30.50 on 12-May-2022.

Last one week high and low of the scrip stood at Rs. 44.05 and Rs. 36.75 respectively. The current market cap of the company is Rs. 5522.17 crore.

The promoters holding in the company stood at 74.86%, while Institutions and Non-Institutions held 9.50% and 15.64% respectively.

RattanIndia Enterprises has launched new drone delivery platform, ‘L-series’ by its company TAS (Throttle Aerospace Systems). This new platform is designed to meet the increasing demand of deliveries using drones from the industry. L-Series is stable, secure, it can carry significantly higher payloads and designed to work across low, medium, and high altitudes. Company earlier had a Med-copter series focused on the healthcare sector; this new series helps in massifying drone delivery usage across industries. L-Series is designed, developed, and manufactured in India.

L-Series starts with the launch of two new VTOL (Vertical Take-Off and Landing) products L20 and L-15 capable of carrying payload weights of 20 and 15kgs respectively. These products can fly for up to 45minutes, Cruise speed of 32.4 km/hr (9 meters / sec), operate at a maximum altitude of 5,500 to 6,000 meters above MSL (Mean Sea Level). These drones are very easy to deploy, can be made ready to fly in just 5 minutes and can be operated by a two-member team.

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.

RattanIndia Ent Share Price

34.83 0.09 (0.26%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Bajaj Finserv	1838.55
TVS Holdings	14667.95
RattanIndia Ent	34.83
Altius Telecom Infra	159.05
Authum Inv. & Infra	459.60
View more..

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RattanIndia Enterprises shines on launching new drone delivery platform ‘L-series’

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