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ideaForge Technology Limited
Share Price Target & Analysis

NSE:IDEAFORGE

566.18

VWAP

567.3

Open

568.1

Close

573.7

High

560.05

Low

886

52 Week High

567.85 ⇩
-0.25 (-0.04%)

IDEAFORGE

(Miscellaneous)
9.4% Momentum

Watch Carefully

535

52 Week Low

4.05

EPS

43.37

PE

3.68

PB

Economical
Quality

Diamond
Valuation

#Analysis

NSE: IDEAFORGE Share Price Financial Analysis & Valuation

ideaForge Technology Limited (IDEAFORGE) is broadly categorized in Miscellaneous segment industry which deals in Engineering - Industrial Equipments vertical. It is one of Small Cap company with Market Capitalization of Rs 0 (in Cr). Total number of free float shares are 0 (in Lacs). ideaForge Technology Limited is listed on NSE with Exchange ID - INE349Y01013 and trading code is NSE:IDEAFORGE with short name Ideaforge Tech.

In the past 1 year, ideaForge Technology Limited has declared an equity dividend of Rs 0 per share. At the current share price of IDEAFORGE at Rs 567.85, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:IDEAFORGE, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine IDEAFORGE underlying value and future prospects. All of this data is available in IDEAFORGE financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:IDEAFORGE, it is clearly understood that IDEAFORGE is Economical performer in terms of earnings and profit margins with an EPS of 4.05. NSE:IDEAFORGE book value per share as of today is 154.15. The current price to book ratio for IDEAFORGE as of Nov 23, 2024 is 3.68.

Valuation of the Stock: The current valuation of IDEAFORGE stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of IDEAFORGE whether to BUY this stock at current valuation. The delivery percentage of IDEAFORGE is 39.75% is very crucial parameter which shows that 39.75% investors are anticipating that the price of IDEAFORGE share should go up with VWAP at 566.18.

Now, the main question is whether to BUY or SELL, NSE:IDEAFORGE at current valuation.
As per latest Analysis No. #1644:-

⇑ STRONG BUY IDEAFORGE if All Greens

⇗ BUY IDEAFORGE (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD IDEAFORGE (With Stop Loss) if only 1 Green

⇘ SELL IDEAFORGE if NO Green Indicator

NSE: IDEAFORGE Share Price Today (Nov 23, 2024)

(ideaForge Technology Limited Daily Analysis on the basis of IDEAFORGE Intraday Graph & Trend)

ideaForge Technology Limited share price moved Down by -0.04% from its previous close of Rs 568.1. IDEAFORGE stock last traded price is 567.85. IDEAFORGE share price trend is Down with a total of 113988 stocks traded till now. It has touched an intraday high of Rs 573.7 and an intraday low of Rs 560.05. The IDEAFORGE trading at 567.85, Down by Rs. -0.25, or -0.04 percent which suggests that most of the Traders are anticipating that the price of IDEAFORGE share should go Down.

NSE: IDEAFORGE Share Price Tomorrow Prediction

(ideaForge Technology Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of IDEAFORGE)

ideaForge Technology Limited share price moved Down by -0.04%. IDEAFORGE share price short term trend is Down. It suggests that IDEAFORGE Share Price for Tomorrow remains the same with VWAP at 566.18 will be treated as stop loss for intraday traders. ideaForge Technology Limited Long term investors can follow the IDEAFORGE long term trend as mentiond in future forecast table.

NSE Code

NSE: IDEAFORGE

IDEAFORGE Share Price Today

 567.85

IDEAFORGE Share Price Target Prediction for 2024 ^

 560.9 - 754.3

IDEAFORGE Share Price Target Prediction for 2025*^

 754.3 - 948.6

IDEAFORGE Share Price Target Prediction for 2026*^

 948.6 - 1015

IDEAFORGE Share Price Target Prediction for 2027*^

 1066

IDEAFORGE Share Price Target Prediction for 2028*^

 1096

IDEAFORGE Share Price Target Prediction for 2030*^

 1195
IDEAFORGE Current Book Value 2023
153.4

*ideaForge Technology Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^IDEAFORGE share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

IDEAFORGE Technical Analysis

Candlestick Pattern: @578.45

IDEAFORGE Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 600.6 SELL 591.29 SELL
MA_12 586.01 SELL 599.23 SELL
MA_20 603.33 SELL 608.83 SELL
MA_32 635.79 SELL 628.21 SELL
MA_50 657.34 SELL 645.99 SELL
MA_100 695.92 SELL 674.11 SELL
MA_200 711.96 SELL 731.91 SELL

IDEAFORGE Trend Oscillators

BUY (2) NEUTRAL (0) SELL (2)
Trend Oscillators Value Action
Bollinger Bands 603.33 Downtrend
MACD 2.68 BUY
ADX 26.8 Strong Trend
DMI (+/-) 19.77 / 32.34 Downtrend

IDEAFORGE Momentum Oscillators

BUY (1) NEUTRAL (7) SELL (4)
Momentum Oscillators Value Action
RSI 38.03 Neutral
STOCHASTIC_K (Fast) 8.63 Oversold
STOCHASTIC_D (Slow) 27.09 Neutral
CCI -26.26 Neutral
PSAR 561.28 BUY
TRUE RANGE 18.15 Neutral
ATR 23.21 Neutral
WILLIAMS R -57.17 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 6.06 Oversold
STOCHASTIC RSI D 2.02 Oversold
MOMENTUM -87.8 SELL

IDEAFORGE Last 1 Year Trend

Duration Value
1 Year -29.11%
3 Months -14.93%
1 Month -13.18%
1 Week -6.6%

IDEAFORGE Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 10%
NEUTRAL / HOLD 23%
SELL 67%

Most popular Questions & Answers about IDEAFORGE


ideaForge Technology Limited stock last traded price is 567.85. IDEAFORGE share price moved Down by -0.04% from its previous close of Rs 568.1.

ideaForge Technology Limited share price trend is Down with a total of 113988 stocks traded till now. It has touched an intraday high of Rs 894.86 and an intraday low of Rs 560.05. The IDEAFORGE trading at 567.85, Down by Rs. -0.25, or -0.04 percent which suggests that most of the Traders are anticipating that the price of IDEAFORGE share should go Down and the Stop Loss will be around 566.18.

The market cap of ideaForge Technology Limited is ₹0 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for ideaForge Technology Limited as of Nov 22, 2024 is 43.37.

The current price to book ratio for ideaForge Technology Limited as of Nov 22, 2024 is 3.68.

The highest price of ideaForge Technology Limited stock is ₹886 in the last 52-week.

The lowest price of ideaForge Technology Limited stock is ₹535 in the last 52-week.

ideaForge Technology Limited share trading at ₹567.85, Down by Rs. -0.25, or -0.04 percent which suggests that most of the traders are anticipating that the price of IDEAFORGE share should go Down.

In 2023, Stock price target for ideaForge Technology Limited (IDEAFORGE) are ₹560.9 on downside and ₹754.3 on upside. ideaForge Technology Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for ideaForge Technology Limited (IDEAFORGE) are ₹754.3 on downside and ₹948.6 on upside. ideaForge Technology Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for ideaForge Technology Limited (IDEAFORGE) are ₹948.6 on downside and ₹1015 on upside. ideaForge Technology Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for ideaForge Technology Limited (IDEAFORGE) will be around ₹1096 ideaForge Technology Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of IDEAFORGE.

The price of ideaForge Technology Limited (IDEAFORGE) shares moved by -0.04%. The short-term trend for IDEAFORGE share price is Down. It implies that the share price of IDEAFORGE will stay the same tomorrow and that intraday traders should treat VWAP at 566.18 as a stop loss. Investors with a long-term outlook can track IDEAFORGE long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of IDEAFORGE stock is 48.6. Compared to the current market price of 567.85 INR, the IDEAFORGE stock is Overvalued by 91.4%.

As per the fundamental analysis of ideaForge Technology Limited (IDEAFORGE), it is of Economical quality in terms of earnings and profit margins with an EPS of 4.05. ideaForge Technology Limited book value per share as of today is 154.15. The current price to book ratio for IDEAFORGE as of Nov 23, 2024 is 3.68.


NSE:IDEAFORGE News & Other Useful Information about IDEAFORGE Share Price


Peer Comparison of NSE: IDEAFORGE

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Engineering - Industrial Equipments

Company Price EPS BV
KPIGLOBAL 731.50 11.88 57.41
TEGA 1701.40 22.65 172.17
KPIGREEN 731.50 11.88 57.41
UNIDT 234.44 6.85 124.06
ANUP 3434.25 59.67 235.07
TEMBO 715.25 15.8 47.3
MARSHALL 20.81 0 31.07
SYRMA 527.35 1.18 80.96
ISHAN 2.45 0 1.74
HARSHA 480.55 15.26 136.8
Updated at: 22 Nov 2024 15:59

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