Ideaforge Technology (IDEAFORGE) Share Price Rises 9.99% Today

Q: Why is Ideaforge Technology Share Price rising today?

According to Univest data, the price event is confirmed, but no company-specific catalyst is established. A news report on a Rs 151 crore loan for the Yeti Project appeared on the same day.

Q: What do ROE and ROCE show for Ideaforge Technology?

Ideaforge Technology reports ROE of -2.9 and ROCE of -2.38. Both are below the defence benchmark medians of 10.23 and 13.91, which adds context to valuation.

Updated: 12 Oct 2026 • 1:25 pm

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Ideaforge Technology (IDEAFORGE) Share Price Rises 9.99% Today

Ideaforge Technology Ltd. (IDEAFORGE) share price rose to Rs 735.15 today, up 9.99% from the previous close. Market cap was Rs 3,322.86 crore.

Ideaforge Technology Share Price is trading at Rs 735.15, up 9.99% from the previous close of Rs 668.35, with market capitalisation at Rs 3,322.86 crore. The move places Ideaforge Technology Share Price among the stronger gainers in today’s Indian stock market update, and the stock is also at its day high of Rs 735.15.That makes the move relevant mainly because the share price rise is visible, the valuation remains elevated, and the defence industry context provides a useful backdrop for investors tracking Ideaforge Technology Share Price today.

Table of Contents

Ideaforge Technology Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 735.15
Previous Close	Rs 668.35
Today's Move	Rs 66.8 (+9.99%)
Open	Rs 681.75
High	Rs 735.15
Low	Rs 681.15
Market Capitalisation	Rs 3,322.86 crore
Market Cap Category	Small Cap

Ideaforge Technology Ltd. (IDEAFORGE) rose to Rs 735.15 from the previous close of Rs 668.35, a move of Rs 66.8 or 9.99%. The stock opened at Rs 681.75, reached a high of Rs 735.15, recorded a low of Rs 681.15.

Ideaforge Technology Share Price moved sharply higher in intraday trade, rising Rs 66.80 from the previous close and touching the day high of Rs 735.15. The stock opened at Rs 681.75, moved to a low of Rs 681.15, and was last traded at the top of the day’s range. That pattern shows a clear share price gain from the opening level, with Ideaforge Technology Share Price holding above the previous close throughout the move. In simple terms, today’s price action is defined by a steady rise from the open into the current level, not by any stated company-specific trigger. For readers following Ideaforge Technology Share Price Today, the key point is that the stock is trading at a fresh intraday high and the market capitalisation remains Rs 3,322.86 crore, which keeps the price move in focus before the fundamental analysis section.

Why Ideaforge Technology Ltd. (IDEAFORGE) May Be Moving Today

According to recent news reports, IdeaForge Technology secured a Rs 151 crore loan from the Technology Development Board for its Yeti Project. The financing was signed on 09 Oct, 07:07 pm, and the description says the agreement includes standard lending conditions, with the funds earmarked for development work. Because there is one reported item, this corporate update may be linked to the interest seen in Ideaforge Technology Share Price today, but the market data itself does not establish a single confirmed cause. Ideaforge Technology Ltd. has a market capitalisation of Rs 3,322.86 crore and falls in the Small Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 845.08x, P/B at 3.08x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of -2.9% and ROCE of -2.38%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 0.79, book value per share of Rs 217.09, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 82.7x, median ROE of 10.23%, median ROCE of 13.91%. Taken together, they outline the fundamentals rather than a view on the stock.

Ideaforge Technology Ltd. (IDEAFORGE) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 3,322.86 crore
P/E Ratio	845.08x
P/B Ratio	3.08x
ROE	-2.9%
ROCE	-2.38%
EPS	Rs 0.79
Book Value Per Share	Rs 217.09
Dividend Yield	0%

Ideaforge Technology Ltd. (IDEAFORGE) fundamental metrics show P/E 845.08x, P/B 3.08x, ROE -2.9%, ROCE -2.38%. These figures provide context only and are not a buy or sell signal.

Sector and Industry Context

Metric	Value
Sector	Capital Goods
Industry	Defence
Benchmark Scope	same industry
Company P/E Ratio	845.08x
Benchmark Median P/E	82.7x
Benchmark Average P/E	172.45x
Benchmark P/E Range	15.99x to 845.08x
Company P/B Ratio	3.08x
Benchmark Median P/B	5.26x
Company ROE	-2.9%
Benchmark Median ROE	10.23%
Company ROCE	-2.38%
Benchmark Median ROCE	13.91%
Company Market Capitalisation	Rs 3,322.86 crore
Benchmark Median Market Cap	Rs 3,322.86 crore

Ideaforge Technology Ltd. (IDEAFORGE) operates in the Capital Goods sector, within the Defence industry.

Ideaforge Technology Ltd. (IDEAFORGE) has a P/E ratio of 845.08x, which is above the benchmark median of 82.7x, a difference of +921.86%. On its own, the P/E gap is a valuation reference point, not a trading call.

Ideaforge Technology Ltd. (IDEAFORGE) has a ROE of -2.9%, which is below the benchmark median of 10.23%, a difference of -128.35%. Ideaforge Technology Ltd. (IDEAFORGE) has a ROCE of -2.38%, which is below the benchmark median of 13.91%, a difference of -117.11%.

Track stocks leading today through the Univest top gainers screener. The peer table below provides the company-level comparison.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
Bharat Dynamics Ltd.	BDL	39,372.48	75.6	9.06	10.23	13.91
Aequs Ltd.	AEQUS	18,382.95	NA	12.93	-10.36	1.5
Paras Defence And Space Technologies Ltd.	PARAS	10,214.04	108.14	14.54	13.98	18.68
Axiscades Technologies Ltd.	AXISCADES	8,865.26	243.97	12.41	10.53	15.8
Rossell Techsys Limited	ROSSTECH	5,942.66	230.94	36.68	15.18	11.28

Ideaforge Technology Ltd. (IDEAFORGE) has a P/E ratio of 845.08x compared with the displayed peer median of 169.54x. This peer read is a relative benchmark rather than a trading signal. Its ROE of -2.9% compares with a peer median of 10.53% across the companies shown in the table. ROCE stood at -2.38% versus the displayed peer median of 13.91%, providing a capital-efficiency comparison. Ideaforge Technology Ltd. (IDEAFORGE) has a market capitalisation of Rs 3,322.86 crore. All 5 peers shown have a larger market capitalisation.

Why Investors Are Watching Ideaforge Technology

Ideaforge Technology Share Price is trading at Rs 735.15 after a 9.99% rise from the previous close.
The stock touched its day high of Rs 735.15, keeping Ideaforge Technology Share Price in focus during intraday trade.
The company has a market capitalisation of Rs 3,322.86 crore, which places it in the same industry benchmark set by Univest data.
Ideaforge Technology Share Price carries a P/E of 845.08, far above the defence median of 82.7.
P/B of 3.08, EPS of 0.79, book value of Rs 217.09 and dividend yield of 0% give the stock a distinct valuation profile.

About Ideaforge Technology

Ideaforge Technology Ltd. operates in the Capital Goods sector and the Defence industry. The company is known for its unmanned aerial systems business, and its market position is best understood through the lens of specialised defence technology rather than broad industrial manufacturing. For readers following Ideaforge Technology Share Price, the important business context is that the company sits in a niche defence segment where product development, execution and order visibility can matter as much as headline valuation metrics. The latest Univest figures place the company alongside other listed defence names, making Ideaforge Technology Share Price a useful reference point for investors comparing specialised technology businesses within the Indian stock market. Its current market capitalisation of Rs 3,322.86 crore places it at the median of the defence benchmark set used here.

Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).

Frequently Asked Questions

What is Ideaforge Technology Share Price today?

Ans. Ideaforge Technology Share Price is Rs 735.15, up 9.99% from the previous close of Rs 668.35. The stock also touched the day high of Rs 735.15 during intraday trade.

Why is Ideaforge Technology Share Price rising today?

Ans.A news report on a Rs 151 crore loan for the Yeti Project appeared on the same day.

What was the previous close for Ideaforge Technology Share Price?

Ans. The previous close for Ideaforge Technology Share Price was Rs 668.35. The current price of Rs 735.15 shows a rise of Rs 66.80 in the latest intraday update.

What is Ideaforge Technology market capitalisation?

Ans. Ideaforge Technology has a market capitalisation of Rs 3,322.86 crore. In the defence benchmark set, that figure is also the median market cap across the 13-company group. The company operates in the Capital Goods sector.

Is Ideaforge Technology Share Price expensive on earnings?

Ans. Ideaforge Technology Share Price trades at a P/E of 845.08, which is well above the defence benchmark median of 82.7 and above the average of 172.45. The previous close was Rs 668.35.

How does Ideaforge Technology compare on book value?

Ans. Ideaforge Technology has a book value of Rs 217.09 per share and a P/B ratio of 3.08. That P/B is below the sector median of 5.26 and below the average of 9.21.

What do ROE and ROCE show for Ideaforge Technology?

Ans. Ideaforge Technology reports ROE of -2.9% and ROCE of -2.38. Both are below the defence benchmark medians of 10.23 and 13.91, which adds context to valuation.

Does Ideaforge Technology pay a dividend?

Ans. The dividend yield is 0%, so Ideaforge Technology Share Price is not supported by a current dividend yield in the latest Univest figures. Investors are therefore reading it mainly for growth and valuation context.

Track Ideaforge Technology Share Price on Univest

Use Ideaforge Technology Ltd. (IDEAFORGE) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top-gainers lists and related market analysis.

Investors can track Ideaforge Technology Share Price on Univest for live price movement, key valuation ratios, market capitalisation, book value, EPS and 52-week levels. Univest also helps readers compare Ideaforge Technology Share Price with defence peers, sector benchmarks and other stock performance indicators in one place. For anyone following Ideaforge Technology Share Price Today, that combination offers a compact way to monitor price action and fundamental context together.