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BNP Paribas buys Rs 39 crore in ideaForge shares as stock jumps 10% in bulk deal demand
Business
Published on 5 May 2026
A big bank quietly loaded up while ideaForge surged
ideaForge Technology shares saw a sharp boost as institutional investors—including BNP Paribas—bought large blocks worth about Rs 39 crore in Tuesday bulk deals. Multiple buyers snapped up shares within a tight price range, pointing to strong, coordinated demand. The purchases came alongside a roughly 10% rise in the stock, underlining growing market confidence in the drone technology firm.
- BNP Paribas reportedly bought about Rs 39 crore of ideaForge shares
- Bulk deals were executed within a narrow price band
- The stock jumped nearly 10% during the buying window
- Investor appetite signals rising confidence in drone tech
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times