India’s Drone Revolution: Why Paras Defence and Zen Technologies are key stocks to watch in 2026
Published on: Feb. 22, 2026, 5:21 a.m. | Source: The Financial Express
India's drone ecosystem is scaling rapidly with 38,000+ registered drones and 40,000 certified pilots as of February 2026. While the sector is expanding beyond defence into agriculture and land mapping (SVAMITVA), Paras Defence and Zen Technologies emerge as the top institutional watch-list stocks due to robust order books and technology leadership. This audit explores their Q3 FY26 performance and why high capital efficiency (ROCE) makes them the preferred "Early Mover" plays.
