Ideaforge Technology Limited (IDEAFORGE)

Price	936.90 3.50 (0.37%)	52 Week High	1,320.00
ISIN	INE349Y01013	52 Week Low	932.00
Industry	Aerospace & Defense	Volume	360.4 T
Sector	Electronic Technology	P/E Ratio TTM
Market Cap	38.9 B	1 Year Beta	0.91

Ideaforge Technology Limited (IDEAFORGE) is an Indian technology company headquartered in Pune, India. It was founded in 2002 by Ankit Mehta, Ashish Bhat, and Rahul Singh.

IDEAFORGE is a leading provider of drone-based solutions in India. It offers a wide range of drone-based services, including:

Aerial photography: IDEAFORGE offers aerial photography services for a variety of applications, such as real estate, construction, and agriculture.
Surveying: IDEAFORGE offers surveying services for a variety of applications, such as land mapping, infrastructure inspection, and disaster management.
Inspection: IDEAFORGE offers inspection services for a variety of applications, such as industrial inspection, power line inspection, and wind turbine inspection.
Delivery: IDEAFORGE offers delivery services for a variety of applications, such as medical supplies delivery, food delivery, and parcel delivery.

IDEAFORGE is a well-established technology company with a strong track record. The company has a good reputation among its clients and is considered to be one of the leading drone-based solutions providers in India.

However, it is important to note that there are also some risks associated with investing in Ideaforge Technology Limited (IDEAFORGE). These risks include:

The cyclical nature of the drone industry: The drone industry is cyclical and can experience periods of growth and recession. This could impact IDEAFORGE’s profitability.
The competition in the drone sector: The drone sector is competitive and IDEAFORGE faces competition from a number of other drone-based solutions providers. This competition could impact IDEAFORGE’s profitability.
The regulatory environment for the drone sector: The regulatory environment for the drone sector is constantly changing. This could impact IDEAFORGE’s ability to operate its business.

Investors should carefully consider these risks before investing in Ideaforge Technology Limited (IDEAFORGE).

According to a recent report by Morgan Stanley, IDEAFORGE is expected to grow at a CAGR of 20% over the next five years. This growth is being driven by the increasing demand for drone-based solutions in India.

IDEAFORGE is well-positioned to capitalize on this growth as it has a strong track record, a good reputation among its clients, and a wide range of products and services. The company is also well-positioned to take advantage of the growth of the Indian drone-based solutions market.

Ideaforge Technology Limited (IDEAFORGE) Chart

Technical Analysis of Ideaforge Technology Limited (IDEAFORGE)

Moving Averages

Period	Simple	Exponential
MA 5	960.82	955.67
MA 10	983.64	972.49
MA 20	991.53	992.35
MA 30	995.88	1,016.62
MA 50	1,057.04	1,061.90
MA 100
MA 200

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	28.57	Aroon Down (14)	92.86
MACD Level (12, 26)	-29.52	MACD Signal (12, 26)	-28.29
Relative Strength Index (7)	23.20	Relative Strength Index (14)	30.94
Stochastic %D (14 3 3)	6.13	Stochastic %K (14 3 3)	2.68
Stochastic RSI Fast (3, 3, 14, 14)	2.30	Stochastic RSI Slow (3, 3, 14, 14)	15.04
Bollinger Upper Band (20)	1,041.82	Bollinger Lower Band (20)	941.23
Keltner Channels Upper Band (20)	1,062.20	Keltner Channels Lower Band (20)	922.51
Donchian Channels Upper Band (20)	1,052.00	Donchian Channels Lower Band (20)	932.00
Ichimoku Conversion Line (9, 26, 52, 26)	988.50	Ichimoku Base Line (9, 26, 52, 26)	1,000.50
Ichimoku Leading Span A (9, 26, 52, 26)	1,091.48	Ichimoku Leading Span B (9, 26, 52, 26)
Positive Directional Indicator (14)	14.83	Negative Directional Indicator (14)	23.10
Volume Weighted Average Price	949.60	Volume Weighted Moving Average 20	986.57

Oscillator Rating

Oscillators

Awesome Oscillator	-37.47
Ultimate Oscillator (7,14,28)	19.21
Money Flow (14)	50.85
Chaikin Money Flow (20)	-0.54
Commodity Channel Index (20)	-200.40
Bull Bear Power	-45.85

High / Low

1 Month	1,052.00	932.00
3 Month	1,320.00	932.00
6 Month	1,320.00	932.00
52 Week	1,320.00	932.00
All Time	1,343.95	932.00

Volume

Volume	360.4 T
Average 10 D	167.5 T
Average 30 D	173.9 T
Average 60 D
Average 90 D

Change/Volatility

Change	3.50 (0.37%)
Change 1W	-53.90 (-5.44%)
Change 1M	-54.30 (-5.48%)
Volatility	5.06
Volatility W	4.15

Performance

Yesterday	-27.93
Weekly	-6.00
Monthly	-7.99
3 Month	-27.93
6 Month	-27.93
Yearly	-27.93
5 Year	-27.93
All Time	-27.93

Misc.

Average Day Range (14)	31.71
Average Directional Index (14)	28.21
Average True Range (14)	36.29
Williams Percent Range (14)	-95.92
Rate Of Change (9)	-7.67
Hull Moving Average (9)	933.87
Momentum (10)	-90.30
Parabolic SAR	1,036.00

PIVOT POINTS of Ideaforge Technology Limited (IDEAFORGE)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	620.00	830.00	910.60	1,040.00	1,120.60	1,250.00	1,460.00
Fibonacci	830.00	910.22	959.78	1,040.00	1,120.22	1,169.78	1,250.00
Camarilla	933.45	952.70	971.95	1,040.00	1,010.45	1,029.70	1,048.95
Woodie's	683.70	821.55	893.70	1,031.55	1,103.70	1,241.55	1,313.70
DeMark's	-	-	870.30	1,019.85	1,080.30	-	-

Financial Analysis of Ideaforge Technology Limited (IDEAFORGE)

Income Statement

Basic EPS (FY)	13.84
EBITDA (Quarterly QoQ Growth)	-48.25
EPS Diluted (FY)	6.74
EPS Diluted (MRQ)	4.79
EPS Diluted (Quarterly QoQ Growth)	-54.27
Free Cash Flow Margin (FY)	30.16
Gross Profit (FY)	840.7 M
Gross Profit (MRQ)	338.3 M
Gross Profit (Quarterly QoQ Growth)	-43.65
Last Year Revenue (FY)	1.6 B
Revenue (Annual YoY Growth)	359.21
Revenue (Quarterly QoQ Growth)	-2.22
Net Income (FY)	440.1 M
Net Income (Quarterly QoQ Growth)	-54.27
Total Revenue (FY)	1.6 B

Valuation

Shares Float	28.9 M
Price to Book (FY)	20.97
Price to Sales (FY)	38.38
Total Shares Outstanding	41.7 M
Selling & Admin expenses Ratio (FY)	8.51

Balance Sheet

Total Assets (Annual YoY Growth)	79.67
Total Debt (Annual YoY Growth)	-67.92
Total Liabilities (FY)	590.3 M
Cash & Equivalents (FY)	304.2 M
Cash and short term investments (FY)	501 M

Operating Metrics

Dividends

Margins

Net Margin (FY)	27.60
Gross Margin (FY)	52.73
Operating Margin (FY)	42.19

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Ideaforge Technology Limited (IDEAFORGE)

Ideaforge Technology Limited (IDEAFORGE) Chart