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IdeaForge Hit 10% Upper Circuit Amid Defence Stocks Rally
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SUMMARY
The company secured an order worth around INR 137 Cr (all inclusive) to supply mini-UAVs with accessories to the defence ministry
The terms and condition of the order outlines that Mini UAVs with accessories to be delivered within 12 months
Overall, the defence stocks in India surged today primarily due to heightened geopolitical tensions after US launched missile strikes on Iran over weekend
Update | June 23, 3:19 PM
Shares of drone manufacturer IdeaForge
surged as…
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