Shares of DroneAcharya Aerial Innovations dropped 6.6% to an all-time low of 73 rupees (US$0.84) on Feb. 17, marking an 8-day losing streak.

The company’s market cap fell to 176.56 crore rupees (US$20 million), with shares down 20.8% since Feb. 4 and 55.4% over the past year despite some gains in 2025.

Founded in 2017, DroneAcharya provides drone services such as multi-sensor surveys, pilot training, and data processing.

Additionally, it signed a merger term sheet with AITMC Ventures, an agricultural drone company, earlier this year.

The company’s profit dropped 62.1% to 1.50 crore rupees (US$172.7 million) in H1 FY25, while revenue rose 28.8% to INR 26.90 crore rupees (US$3 million).