As of **October 24, 2025**, **ideaForge Technology Ltd (NSE: IDEAFORGE)** closed at **₹495.25**, gaining around **4.9%** on the day after trading between **₹473.40 and ₹503.00**. The session saw strong activity with over **13.2 lakh shares** traded, suggesting renewed investor interest before the upcoming quarterly results release later in the month.
The company has a **market capitalization** near **₹2,115 crore**. Its current **P/E ratio** is negative (around **–34**) due to losses in recent quarters, while the **P/B ratio** stands near **3.7**, reflecting modest valuation for a small-cap aerospace technology firm. The **book value per share** is around **₹131.5**, with a **52-week range** between **₹301 and ₹660.6**, indicating recovery from its April 2025 low.
From a technical perspective, IDEAFORGE shows early signs of rebound following a multi-month decline. The current price has moved above the **20-day moving average (₹485)** but still lags behind the **200-day average (₹525)**—pointing to medium-term consolidation. The **RSI near 56** shows balanced momentum, with potential upside if the price holds above ₹490. Key **support** levels lie at ₹475 and ₹460, while **resistance** stands near ₹505–₹515. A breakout above ₹515 could open short-term targets toward ₹540–₹550.
Overall, **ideaForge** maintains a **neutral to cautiously bullish** short-term outlook. Market expectations remain tied to its performance in defense drone orders and export growth, which will determine whether its recent recovery can sustain toward pre-2024 highs.
The company has a **market capitalization** near **₹2,115 crore**. Its current **P/E ratio** is negative (around **–34**) due to losses in recent quarters, while the **P/B ratio** stands near **3.7**, reflecting modest valuation for a small-cap aerospace technology firm. The **book value per share** is around **₹131.5**, with a **52-week range** between **₹301 and ₹660.6**, indicating recovery from its April 2025 low.
From a technical perspective, IDEAFORGE shows early signs of rebound following a multi-month decline. The current price has moved above the **20-day moving average (₹485)** but still lags behind the **200-day average (₹525)**—pointing to medium-term consolidation. The **RSI near 56** shows balanced momentum, with potential upside if the price holds above ₹490. Key **support** levels lie at ₹475 and ₹460, while **resistance** stands near ₹505–₹515. A breakout above ₹515 could open short-term targets toward ₹540–₹550.
Overall, **ideaForge** maintains a **neutral to cautiously bullish** short-term outlook. Market expectations remain tied to its performance in defense drone orders and export growth, which will determine whether its recent recovery can sustain toward pre-2024 highs.
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Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.