Ideaforge – advantages are that they are among the first to start commercial activities. But
drone market is India is starting to get heavily congested and there are more than 100 players. Goods news is that low payload and range and being left to private entities while HAL, L&T are into highly niche areas like high altiude , high payload or weapons platforms ( Archer, Ghatak)
The defence market is the biggest one in India. And Positive indigenization list that is being released by Defence minister which puts higher hurdle on imports and nudges the forces to insource. Right now, we do import a lot from China but efforts are on to start everything locally. +ve sign here: Press Information Bureau

Fifth Positive Indigenisation List

The Fifth Positive Indigenisation List has been prepared by DMA after several rounds of consultations with all stakeholders. It lays special focus on import substitution of components of major systems besides important platforms, weapon system & sensors and munitions which are being developed and likely to translate into firm orders in the next five to ten years.

Prominent items include Futuristic Infantry Combat Vehicle, Articulated All-Terrain Vehicles, Remotely Piloted Air Borne Vehicles upto 25 Km with 2Kg Payload for Army, Naval Shipborne Unmanned Aerial System, Medium Upgrade Low Endurance Class Tactical Drone,

Sir thanks .
Kindly add volume filter like filter of OPM like OPM latest quater> opm preceding quater
And raw material price chart for a specific stock

No not able to connect the dots, can you please elaborate?

Good to see the detailed analysis on this stock and results.
Also good to see people exiting based on thier exit plan.
What i feel the company has a smart promoter, as all it says gujarat based and focused, its double better because this govt is very biased with certain things. Once the govt is favourable its like luck working with you.
Better to stay with where the water flow.