IDEAFORGE

ideaForge Technology Share Price

₹568.10 -18.75 (-3.2%)

22 Nov, 2024 02:32

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Performance

  • Low
  • ₹565
  • High
  • ₹584
  • 52 Week Low
  • ₹535
  • 52 Week High
  • ₹886
  • Open Price₹581
  • Previous Close₹587
  • Volume128,939

Investment Returns

  • Over 1 Month -12.51%
  • Over 3 Month -18.95%
  • Over 6 Month -18.78%
  • Over 1 Year -28.08%
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ideaForge Technology Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 194.4
  • PEG Ratio
  • 2.1
  • Market Cap Cr
  • 2,445
  • P/B Ratio
  • 3.7
  • Average True Range
  • 23.01
  • EPS
  • 2.92
  • Dividend Yield
  • 0
  • MACD Signal
  • -20.94
  • RSI
  • 37.94
  • MFI
  • 54.51

ideaForge Technology Financials

ideaForge Technology Technicals

EMA & SMA

Current Price
₹568.10
-18.75 (-3.2%)
pointer
  • stock-down_img
  • Bullish Moving Average 0
  • stock-up_img
  • Bearish Moving Average 16
  • 20 Day
  • ₹600.02
  • 50 Day
  • ₹637.95
  • 100 Day
  • ₹673.98
  • 200 Day
  • ₹727.27

Resistance and Support

572.43 Pivot Speed
  • R3 598.92
  • R2 591.53
  • R1 579.82
  • S1 560.72
  • S2 553.33
  • S3 541.62

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

IdeaForge Technology Ltd. is a leading Indian drone manufacturer specializing in unmanned aerial vehicles (UAVs) for defense, industrial, and commercial applications. The company focuses on innovation, providing advanced drone solutions that enhance surveillance, mapping, and data collection capabilities.

Ideaforge Technology Ltd has an operating revenue of Rs. 316.49 Cr. on a trailing 12-month basis. An annual revenue growth of 75% is outstanding, Pre-tax margin of 19% is great, ROE of 6% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 7 which is a POOR score indicating inconsistency in earnings, a RS Rating of 12 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 162 indicates it belongs to a poor industry group of Aerospace/Defense and a Master Score of D is close to being the worst. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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ideaForge Technology Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-10-28 Quarterly Results
2024-07-29 Quarterly Results
2024-05-14 Audited Results
2024-02-05 Quarterly Results
2023-11-07 Quarterly Results

ideaForge Technology F&O

ideaForge Technology Shareholding Pattern

29.23%
1.82%
0%
3.5%
0.47%
33.83%
31.15%

About ideaForge Technology

  • NSE Symbol
  • IDEAFORGE
  • BSE Symbol
  • 543932
  • ISIN
  • INE349Y01013

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ideaForge Technology FAQs

ideaForge Technology share price is ₹568 As on 22 November, 2024 | 02:18

The Market Cap of ideaForge Technology is ₹2444.7 Cr As on 22 November, 2024 | 02:18

The P/E ratio of ideaForge Technology is 194.4 As on 22 November, 2024 | 02:18

The PB ratio of ideaForge Technology is 3.7 As on 22 November, 2024 | 02:18

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Q2FY23