The Order Details Show that the company will supply the mini uvs (draones) with their accessories with a time period of 12 months.
This is to inform you that ideaforge technology limited has received an orderwater approx 137 Crores (All Inclusive) to Supply Mini UAVS with accessories to ministry of defense, “said the company in the bse filing.
Ideaforge is a Mumbai-based manufacturer of unmanned aircraft systems (UAS) or draones for security, surveillance, and other purposes.
Shares of the Drone Maker also surgged more than 8 per cent in the second week of june as israel’s military striks on Iran spiked the investors ‘Investors’ Interest in Defense-Related Stocks.
ideaforge share price trend
Ideaforge shares surgged during monday’s stock market session, Hitting its upper circuit after gaining 10 per cent to 631.65 during the intraday session.
Shares Closed 10 per cent higher at 631.65, Compared to 574.25 in the Previous Market Close. The Drone Maker Released The Information on the Ministry of Defense Drone Order Book Update during the Mid-STOCK Market Session on 23 June 2025.
The stock has lost 51.27 per cent since its listing on the Indian stock market in July 2023. However, on a year-to-date (ytd) Basis in 2025, The Shares Have Gained 1.07 per cent, and are trading 19.78 per cent higher in the last one-month period.
Ideaforge shares hit their 52-wheek high levels at 864.10 on 12 July 2024, While The 52-Very Low Level was at 301 on 7 April 2025, according to data collected from the bse. The Company’s Market Capitalization (M-Cap) was at 2,727.14 Crore as of the stock market close on Monda, 23 June 2025.
Read all stories by Anubhav mukherjee
Disclaimer: This story is for educational purposes only. The views and recommendations about individual analysts or broking companies, not mint. We Advise Investors to Check With Certified Experts Before Making Any Investments Decisions.
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