ideaForge Share Price Target 2024, 2025, 2030, 2040, 2050

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ideaForge Technology Ltd., registered on the National Stock Exchange as IDEAFORGE, is a significant Indian drone manufacturer.

The Indian drone industry pioneer, founded by an IIT Bombay alumnus in 2007, serves military, homeland security, and corporate applications.

What is ideaForge Technology Ltd NSE: IDEAFORGE?

ideaForge makes high performance surveillance, mapping, and security drones. Government organizations and business sector customers like the company goods for their dependability, durability, and innovative features.

ideaForge share price Target 2024

The targeted price range for ideaForge shares in 2024 is between ₹650 to ₹900.

YearMinimum Price (₹)Maximum Price (₹)
2024650900
MonthMinimum Price (₹)Maximum Price (₹)
January650780
February660790
March670800
April680820
May690840
June700860
July720880
August740900
September760900
October750890
November740880
December730870

ideaForge share price Target 2025

The targeted price range for ideaForge shares in 2025 is between ₹740 to ₹1,100.

YearMinimum Price (₹)Maximum Price (₹)
20257401,100
MonthMinimum Price (₹)Maximum Price (₹)
January740950
February750970
March740990
April7601,010
May7801,030
June8001,050
July8201,070
August8401,090
September8601,100
October8501,090
November8401,080
December8301,070

ideaForge share price Target 2030

The targeted price range for ideaForge shares in 2030 is between ₹1,800 to ₹2,200.

YearMinimum Price (₹)Maximum Price (₹)
20301,8002,200
MonthMinimum Price (₹)Maximum Price (₹)
January1,8001,900
February1,8501,950
March1,9002,000
April1,9502,050
May2,0002,100
June2,0502,150
July2,1002,200
August2,1502,200
September2,2002,200
October2,1502,180
November2,1002,150
December2,0502,120

share price Target 2040

The targeted price range for ideaForge shares in 2040 is between ₹3,500 to ₹4,500.

YearMinimum Price (₹)Maximum Price (₹)
20403,5004,500
MonthMinimum Price (₹)Maximum Price (₹)
January3,5003,800
February3,6003,900
March3,7004,000
April3,8004,100
May3,9004,200
June4,0004,300
July4,1004,400
August4,2004,500
September4,3004,500
October4,2004,450
November4,1004,400
December4,0004,350

Share Price Target 2050

The targeted price range for ideaForge shares in 2050 is between ₹6,000 to ₹8,000.

YearMinimum Price (₹)Maximum Price (₹)
20506,0008,000
MonthMinimum Price (₹)Maximum Price (₹)
January6,0006,500
February6,2006,700
March6,4006,900
April6,6007,100
May6,8007,300
June7,0007,500
July7,2007,700
August7,4007,900
September7,6008,000
October7,4007,900
November7,2007,800
December7,0007,700

Should I buy ideaForge stock?

YearMinimum PriceMaximum Price
2024650900
20257401100
203018002200
204035004,500
205060008000

The stock of ideaForge Technology is presently valued at ₹680 but has had considerable decreases, falling 30.56% in the last year and 19.42% in the past month. The company may be expensive due to its high Price to Earnings (P/E) ratio of 105.36. Over the previous three years, revenue has grown 108%, yet the corporation does not pay dividends and has a 29.3% promoter ownership. Before buying, investors should assess growth potential against high valuation and previous performance patterns.

ideaForge Technology Ltd earning results

ideaForge has shown promising financial growth:

QuarterRevenue (Rs. Cr)EBITDA (Rs. Cr)Profit Before Tax (Rs. Cr)Profit After Tax (Rs. Cr)Net Profit Margin (%)
Q4 FY23386.6
Q4 FY241023.0202.5141.4103.310.1

Expert forecasts on the future of ideaForge Technology Ltd.

IdeaForge future is debated by industry experts:

  • Analysts think the firm would gain from the developing drone industry in India and internationally.
  • Some see export growth as ideaForge develops globally.
  • Experts stress the significance of innovation in staying ahead.
  • Long term success depends on the company diversifying its product line and penetrating new markets.

Is ideaForge stock good to buy? (bull case & bear case)

Bull Case:

  1. Top Indian drone market position
  2. Strong government backing for domestic drone manufacture
  3. Expanding drone use across industries
  4. International expansion potential
  5. Continuous R&D and product development investment

Bear Case:

  1. High value relative to conventional aerospace
  2. Regulatory uncertainty in the drone business may lead to more competition.
  3. Dependence on government contracts
  4. Rapid industrial change and technological threats

Conclusion

ideaForge Technology Ltd. is a leading drone manufacturer in India with excellent development prospects. The company innovation, product expansion, and market potential should encourage long term investors.

FAQs

ideaForge makes high performance drones for surveillance, mapping, and security in the military, homeland security, and business.

In addition to government entities, ideaForge is expanding into the commercial sector and overseas markets to diversify its income sources.

Drone technology, government attempts to promote indigenous production, development into new market categories, and export prospects are growth drivers.

ideaForge leads the Indian drone industry with high performance, trustworthy devices. However, investors should evaluate its financial characteristics and growth potential in relation to local and international competition.

Research and development are key to ideaForge future. The firm spends much in R&D to create sophisticated drone technology and stay ahead in the fast changing sector.

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