Drone stock Ideaforge gets buy rating; Ashika sees 27% upside - check target price

Ideaforge is set to capitalize on India's ₹200 billion drone procurement pipeline, with Ashika estimating substantial re...

By Dhallo News · September 26, 2026 at 5:57 PM IST

Drone stock Ideaforge gets buy rating; Ashika sees 27% upside - check target price

Source: Mint - Markets

Ideaforge is set to capitalize on India's ₹200 billion drone procurement pipeline, with Ashika estimating substantial revenue growth and improved EBITDA margins. They have set target price of ₹942, highlighting strong potential in the defence market amid rising demand for domestic manufacturers.

SOURCE: Mint - Markets

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Drone stock Ideaforge gets buy rating; Ashika sees 27% upside - check target price

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