Question 1

Is buying Garuda Aerospace shares safe in the grey market?

Accepted Answer

Buying Garuda Aerospace shares in the grey market is safe, but it is critical to do it from the top online portal with NSDL and CSDL depositories to keep them to sell anytime to book profits. Also, with increasing regulations for the grey market in India, having many guidelines to follow is like buying from the exchanges regulated by SEBI.

Question 2

Will buying at the current Garuda Aerospace share price yield high returns?

Accepted Answer

Garuda Aerospace is the first drone unicorn startup in India, and it has investments from high-profile individuals like Cool Dhoni, captain of CSK or Chennai Super Kings, and many other venture capitalists. With pre-booked orders for over 7,000 drones and plans to make over 25,000 drones in 2024, it will increase its revenue to over 20 times to cross 1,000 crores in fiscal 2024. Also, with the expanding drone market in India to be helpful in many sectors, from revolutionising the agricultural industry to security, filmmaking, and others, Garuda Aerospace will be a prominent player in it. Hence, buying at the current Garuda Aerospace share price will yield high returns.

SL	Top Share Holders	%
1	All Others	100.0%
	Total	100.0%

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