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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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน