Creative Newtech Stock Rises on Jupiter Drone Battery Deal

Creative Newtech shares registered a modest gain on the BSE today, closing at Rs. 1219.00, up by 3.20 points or 0.26%. This uptick followed the company’s announcement of a strategic partnership with Jupiter Electric Mobility for drone battery distribution across India.

The scrip opened at Rs. 1203.05, fluctuating between an intraday high of Rs. 1,235.30 and a low of Rs. 1196.95. A total of 1270 shares were traded on the counter.

Key Performance Metrics

• Current Trading Price: Rs. 1219.00
• Previous Close: Rs. 1215.80
• Intraday High: Rs. 1,235.30
• Intraday Low: Rs. 1196.95
• 52-Week High (19-Aug-2026): Rs. 1282.75
• 52-Week Low (30-Mar-2026): Rs. 524.10
• Current Market Cap: Rs. 1828.51 crore

Creative Newtech has been appointed as a PAN India distributor for Jupiter Electric Mobility (JEM), a subsidiary of Jupiter Wagons, specifically for Jupiter’s drone batteries. This collaboration will see Creative Newtech leveraging its extensive nationwide distribution network and market access capabilities.

The partnership is designed to broaden the availability of these specialized battery solutions to a wider range of customers and resellers throughout India. It combines Creative Newtech’s robust distribution infrastructure with Jupiter Electric Mobility’s advanced battery technologies.

Strategic Expansion in Drone Ecosystem

For Creative Newtech, this agreement significantly enhances its involvement in the burgeoning drone ecosystem by integrating a critical technology that directly supports drone performance and reliability. The move builds upon the company’s existing presence in drone components and software.

The alliance also strengthens Creative Newtech’s overall portfolio across various emerging technology categories. This strategic alignment is consistent with the company’s broader objective of expanding into specialized technology sectors where its distribution and market-development expertise can foster scalable, long-term market opportunities.

Under the terms of the agreement, Creative Newtech is authorized to sell to customers and resellers, and to appoint partners, resellers, and sub-representatives nationwide. Jupiter Electric Mobility will provide essential support through product training, promotional materials, technical information, and sales assistance to facilitate market development.