IdeaForge Technology stock rises 12% on ₹107 crore order win
after close1 source ↓written by the desknot a recommendation
- to ₹519.90 following
- 11.67%
- from the Ministry
- ₹107 crore
- worth
- ₹75 crore
- valued
- ₹32 crore
Shares of IdeaForge Technology surged 11.67% to ₹519.90 following two order wins totaling ₹107 crore from the Ministry of Defence. The first order, worth ₹75 crore, involves supplying AFDS Tactical UAVs, while the second, valued at ₹32 crore, is for hybrid UAVs. Both orders must be executed within six months to a year.
Not investment advice. For informational purposes only.