{
  "id": 1659700,
  "title": "Indrajaal Ranger deal pushes this multibagger higher",
  "url": "https://urgent.news/2026/08/18/indrajaal-ranger-deal-pushes-this-multibagger-higher",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T04:50:10.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/sigma-advanced-systems-shares-rally-5-on-rs-155-crore-anti-drone-orders-stock-up-105-in-3-months/articleshow/133311814.cms"
  },
  "original_language": "en",
  "account": "Sigma Advanced Systems saw its shares soar by nearly 5%, reaching Rs 658.45 in Tuesday's trading, following the announcement of orders worth approximately Rs 155 crore for its Indrajaal Ranger anti-drone system. This marks a significant milestone for the defence technology company, which has already delivered a remarkable 105% return in just three months, catapulting the stock into the spotlight. The Indrajaal Ranger is India's only ARDTC-approved Anti-Drone Patrol Vehicle, designed as a mobile Counter-UAS platform capable of providing anti-drone protection while moving at high speeds. Unlike traditional fixed-site systems, the Ranger can be deployed in various high-risk locations such as international borders, VVIP routes, public events, and critical infrastructure. The two recent deployments by the Indrajaal-Sigma consortium, totaling Rs 155 crore, include a Rs 145 crore order for border security and Rs 10 crore for VVIP protection and urban security. Management at Sigma Advanced Systems, led by CEO Sunil Kalidindi, emphasized the milestone's role in showcasing India's defense manufacturing capabilities. The stock, currently trading at Rs 658.45, remains below its 52-week high of Rs 725.95 but continues to attract investor interest amidst its rapid gains and strategic partnerships.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}