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Creative Newtech stock jumps on signing pan-India drone deal to tap defence and agri markets

News by Aliceblue News Desk

18 Feb 2026

Creative Newtech stock jumps on signing pan-India drone deal to tap defence and agri markets

Introduction

Leading drone technology distributor partners with an indigenous DroneTech firm to expand pan-India adoption of advanced drones across agriculture, defense, logistics, and enterprise sectors.

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Share price movement of Creative Newtech

On February 18, 2026, Creative Newtech Limited opened at ₹668.35, up 1.28% from its previous close of ₹660.00. The stock reached a high of ₹671.05 (1.66%) and a low of ₹668.00. By 12:23 PM, it traded at ₹669.45, a 1.43% increase, with a market cap of ₹1,005.29 crore.

Creative Newtech Enters Drone Distribution Pact with PDRL

Creative Newtech Limited has signed a strategic agreement with Passenger Drone Research Limited (PDRL) for pan-India distribution of indigenous drone technologies across agriculture, defense, logistics, and enterprise sectors.

Under the partnership, Creative Newtech will act as Business Growth Partner, leveraging its nationwide network to expand adoption of PDRL’s Ag++, AeroFC V2, NamoAG, and AeroGCS software platforms across India.

PDRL holds 60% of India’s drone software market and supports government programs. The collaboration strengthens Creative Newtech’s technology portfolio and aims for scalable, compliant deployment of drones nationwide.

Stock performance of Creative Newtech for period of 1 week, 6 months, and 1 year

Creative Newtech Ltd declined 3.3% over the past week, gained 3.15% in the past 6 months, and fell 14.3% over the past 1 year.

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Also Read: HAL, BEL, Cochin Shipyard in focus amid Macron’s India trip; Are defence stocks set for a big move?

Shareholding pattern of Creative Newtech

ParticularsDec 2025Sep 2025Jun 2025
Promoter56.60%56.60%56.60%
FII0.20%0.40%1.00%
DII1.00%1.00%1.00%
Public42.10%42.00%41.40%

About Creative Newtech

Creative Newtech Limited (NSE: CNL), established in 1992, is a leading ICT distributor in India, offering omni-channel distribution, market entry support, and value-added services for global brands.

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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 Creative Newtech Ltd share price rising today?

A: Creative Newtech Ltd partners with PDRL for pan-India distribution of indigenous drones across agriculture, defense, logistics, and enterprise sectors.

Q: What is Creative Newtech Ltd’s main business focus?

A: Creative Newtech Ltd focuses on ICT distribution, omni-channel market entry, value-added services, and supporting global brands in India.

Q: What are the 52-week high and low of Creative Newtech Ltd stock?

A: Creative Newtech Ltd’s 52-week high is ₹796.00 and the 52-week low is ₹600.05.

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