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ideaForge Technology jumps 8% as Q4 turnaround delivers Rs 60 crore profit
Business
Published on 6 May 2026
Revenue leaps sevenfold, but the stock already looks overbought
ideaForge Technology shares surged more than 8% after the company swung to a strong Q4 FY26 turnaround, reporting a Rs 60 crore net profit versus a year-ago loss. Revenue jumped about sevenfold, backed by better execution, rising order inflows, and expanding defence-related capabilities—boosting investor optimism even as technical indicators hint the stock may be overbought.
- Q4 FY26 turnaround: Rs 60 crore net profit after prior loss
- Revenue rose roughly sevenfold on stronger order inflows
- Execution improved and defence capabilities expanded
- Shares rallied 8% even as charts suggest overbought conditions
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times