IDEAFORGE TECHNO (IDEAFORGE)
Active threads
ideaForge terminates US joint venture with First Breach
ideaForge Technology terminates US joint venture agreement with First Breach - Published OnOct 23, 2026 | 23:16 IST - Last Updated OnOct 23, 2026 | 23:18 IST Drone company ideaForge Technology has terminated its US joint venture agreement with First Breach Inc. because the deal failed to close before the agreed deadline. Both parties waived all claims, with no shares issued or capital contributions made.
JM Financial downgrades ideaForge on order delay risk
Citing strong prospects but a risk of order delays, domestic brokerage firm JM Financial downgraded its rating on the stock from Buy to Add, with a target price of Rs 905 (previously Rs 875), due to the strong run-up in the stock, i.e. Ministry of Defence’s Drone Procurement Programme The Indian Ministry of Defence (MoD) has planned a Rs 20,000-crore drone procurement programme, largely focused on tactical and surveillance UAVs.
Intelligence feed
No articles in the last 24 hours.