Ideaforge Technology Share Price Analyzed

Key Points

• Ideaforge’s share price dropped significantly on Friday.
• Losses doubled in Q3FY26, impacting investor confidence.
• The stock has fallen 23% in the last year, lagging the Nifty 50.
• Revenue increased by 40%, but expenses rose even more.
• Strong order bookings reached ₹115 crore in Q3.
• Company aims for 40-45% order fulfillment in Q4 and profitability.

Ideaforge Technology’s share price went down a lot on Friday. This happened because the company said it lost more money – exactly twice as much – during the third part of the year (Q3FY26). The price dropped by 5.7%, which is the lowest it’s been since May 9, 2025, on a place called the National Stock Exchange (NSE). It kept going down for a long time.

Over the last year, Ideaforge’s stock has gone down by 23%. This is much lower than the Nifty 50, which went up by 8.98%. Imagine trying to build a tower and your bricks keep falling down – that’s what happened to this stock!

A lot of people bought Ideaforge’s stock on Friday, buying 0.21 million shares. The company is worth about ₹1,819.47 crore. That’s a big number, showing how many investors believe in them.

Here’s why the price dropped: The company had a bigger loss than last year. They spent more money, and that made their losses much bigger. They spent ₹70.90 crore, which is a lot more than the ₹42.8 crore they spent the year before. This makes it harder for the company to make money.

But, good news! The company sold more things (its ‘revenue’) – 40% more than last year! They made ₹31.5 crore, up from ₹22.5 crore. They also got a lot of orders – a fantastic ₹100 crore at the start of the quarter, and then another ₹115 crore more. They’ve already received a whopping ₹440 crore in orders so far this year, which is the most they’ve ever gotten!

Ankit Mehta, the boss of Ideaforge, said they are doing well. He wants to finish building all the orders they got, aiming to make a profit by the end of the year. He expects to deliver about 40-45% of those orders by the end of December, and hopes to be making money by the end of the financial year.

Experts looked at how the stock is behaving. It’s been going up and down, making lower highs and lower lows. It’s currently stuck below important lines on a chart, like a roadblock. They think the price could go down to ₹350 if it goes too low, but if it goes up to ₹500, it would be a good sign.

“The future of Ideaforge Technology is bright, and we are committed to delivering value to our shareholders.”