ReferIndia News ideaForge Technology shares rally 8% after strong Q4 turnaround, posts Rs 60 crore profit

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ideaForge Technology shares rally 8% after strong Q4 turnaround, posts Rs 60 crore profit

Published on: May 5, 2026, 10:28 a.m. | Source: The Economic Times

Shares of ideaForge Technology surged over 8% after the company reported a sharp Q4 FY26 turnaround, posting a net profit of Rs 60 crore against a year-ago loss. Revenue rose sevenfold, supported by strong order inflows, improved execution, and expanding defence capabilities, driving bullish sentiment despite overbought technical indicators.

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