Latest news with #ideaforgeTechnology
Economic Times
12-05-2025
- Business
- Economic Times
Ideaforge shares rally 8% despite calm skies over Pakistan
ideaForge Technology specializes in manufacturing Unmanned Aircraft Systems (UAS), producing UAVs tailored for mapping, security, and surveillance. Its drones are used in diverse applications, including mining area planning and detailed mapping solutions. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Despite a halt in the tensions between India and Pakistan, which witnessed an escalation after India responded to the Pahalgam attack, the shares of ideaforge Technology surged as high as 7.9% to an intraday high of Rs 500 on the BSE 10:30 am, the total traded value of the stock stood at Rs 12.59 crore, with a total traded volume of 2.64 lakh shares. The total market capitalization of the company stood at Rs 2,121.36 crore. ideaForge Technology is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS). The company produces Unmanned Aircraft Vehicles (UAVs) designed for mapping, security, and surveillance, with applications ranging from mining area planning to comprehensive mapping company had the largest operational deployment of indigenous UAVs across India, with an ideaForge-manufactured drone taking off every five minutes on average for surveillance and mapping. The indigenous design and technological capabilities allowed the Company to design, develop, engineer and manufacture UAVs in-house with control on performance, reliability and autonomy, according to the data available on also noted that the company had indigenously developed and manufactured vertical take-off and landing (VTOL) UAVs in India in the conflict erupted on Wednesday, the shares of ideaForge have rallied sharply by 37.6%. This is also in line with many defence stocks that rallied significantly amid the war India-Pakistan conflict , the most severe in nearly three decades, erupted on Wednesday when India launched strikes on nine terror sites in Pakistan in response to a prior attack in Kashmir that claimed 26 conflict on Wednesday as India conducted strikes on nine terror sites in Pakistan, retaliating against a prior attack in Kashmir that left 26 military officials reportedly sent a "hotline message" to Pakistan on Sunday, warning of potential retaliation if ceasefire violations continued.
Time of India
12-05-2025
- Business
- Time of India
Ideaforge shares rally 8% despite calm skies over Pakistan
Despite a halt in the tensions between India and Pakistan, which witnessed an escalation after India responded to the Pahalgam attack, the shares of ideaforge Technology surged as high as 7.9% to an intraday high of Rs 500 on the BSE today. At 10:30 am, the total traded value of the stock stood at Rs 12.59 crore, with a total traded volume of 2.64 lakh shares. The total market capitalization of the company stood at Rs 2,121.36 crore. ideaForge Technology is engaged in the business of manufacturing Unmanned Aircraft Systems (UAS). The company produces Unmanned Aircraft Vehicles (UAVs) designed for mapping, security, and surveillance, with applications ranging from mining area planning to comprehensive mapping solutions. The company had the largest operational deployment of indigenous UAVs across India, with an ideaForge-manufactured drone taking off every five minutes on average for surveillance and mapping. The indigenous design and technological capabilities allowed the Company to design, develop, engineer and manufacture UAVs in-house with control on performance, reliability and autonomy, according to the data available on Trendlyne. It also noted that the company had indigenously developed and manufactured vertical take-off and landing (VTOL) UAVs in India in 2009. Live Events Also read: Yes Bank rallies 9% after SMBC inks Rs 13,483 crore deal for 20% stake Since the conflict erupted on Wednesday, the shares of ideaForge have rallied sharply by 37.6%. This is also in line with many defence stocks that rallied significantly amid the war tensions. The India-Pakistan conflict , the most severe in nearly three decades, erupted on Wednesday when India launched strikes on nine terror sites in Pakistan in response to a prior attack in Kashmir that claimed 26 lives. The conflict on Wednesday as India conducted strikes on nine terror sites in Pakistan, retaliating against a prior attack in Kashmir that left 26 dead. Indian military officials reportedly sent a "hotline message" to Pakistan on Sunday, warning of potential retaliation if ceasefire violations continued. ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
