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ideaForge shares jump 33% as new age tech stocks rally on Q4 optimism

Business
Published on 9 May 2026
ideaForge shares jump 33% as new age tech stocks rally on Q4 optimism

Biggest gainer surges after surprise profit turnaround

New-age tech stocks ended the week higher amid Q4 FY26 earnings optimism, with 40 of 56 names gaining. ideaForge led the charge, soaring 33.74% after a sharp profit swing, while Urban Company fell nearly 8% on widening losses in its InstaHelp quick services business. Market cap for covered firms also climbed, despite FIIs selling and West Asia-driven volatility.

  • ideaForge surged 33.74% as profits turned positive in Q4 FY26
  • Urban Company slid 7.98% on a steep Q4 net loss expansion
  • New-age tech basket value rose to about $138.2 billion
  • Markets closed higher as easing crude and bond yields offset volatility
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This summarization was done by Beige for a story published on Inc42Inc42

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