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Colab Platforms: Stock jumps after entering drone business

News by Aliceblue News Desk

18 Sept 2025

Colab Platforms: Stock jumps after entering drone business

Introduction

Leading technology platform has entered the drone sector through a strategic partnership with RRP Drones, planning to develop AI-powered autonomous drones for security, industrial, agricultural, and environmental applications across India.

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Share price movement of Colab Platforms

On September 17, 2025, Colab Platforms Ltd opened at ₹104.76, up 2.00% from its previous close of ₹102.71. The stock remained at a high and low of ₹104.76. By 4:00 PM, it traded at ₹104.76, with a market cap of ₹2,137.10 crore.

Colab Platforms Enters India’s Growing Drone Market

Colab Platforms Limited announced its entry into the drone technology sector through a nonbinding MoU with RRP Drones Innovation Private Limited, a subsidiary of RRP Group.

The partnership plans to form a Special Purpose Vehicle to develop, manufacture, and deploy AI-powered autonomous drones for border security, industrial sites, law enforcement, agriculture, and environmental protection applications in India.

Colab Platforms will expand from digital, sports, fintech, and esports into aerospace and drone technology. India’s drone market is projected to reach ₹1.95 lakh crore (~US$23B) by 2030 with government support.

Stock performance of Colab Platforms for Period of 1 week, 6 months, and 1 year

Colab Platforms Ltd delivered an 8.22% return over the past week. It gained 144% in the past six months. The stock rose 1,384% over the past year.

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Shareholding pattern of Colab Platforms

ParticularsJun 2025Mar 2025Dec 2024
Promoter33.90%33.90%33.90%
FII0.00%0.00%0.00%
DII0.00%0.00%0.00%
Public66.10%66.10%66.10%

About Colab Platforms

Colab Platforms Limited (BSE: 542866) is a diversified technology and sports company, creating integrated ecosystems across esports, physical sports, events, influencer collaborations, and digital content, aiming to strengthen India’s sports and youth economy.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Colab Platforms Limited share price going up today?

A: Colab Platforms Limited share price is rising after announcing its entry into the drone technology sector through a MoU with RRP Drones Innovation Private Limited.

Q: What does Colab Platforms Ltd specialize in?

A: Colab Platforms Ltd specializes in technology, sports, and digital ventures, including esports, physical sports, events, influencer collaborations, and digital content delivery.

Q: When was Colab Platforms Ltd incorporated?

A: Colab Platforms Ltd was incorporated in 1989, initially as JSG Leasing Limited, and now focuses on diversified technology and sports businesses.

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