<ul><li>The share prices of drone technology company ideaforge slipped about 10% to a 52-week low of INR 547 during intraday trading on October 29.</li><li>The company's market cap also declined to $280.10 Mn from $310 Mn at the end of the previous week.</li><li>The poor performance was a result of ideaforge reporting a net loss of INR 13.7 Cr in Q2 FY25, compared to a net profit of INR 1.16 Cr in the previous quarter.</li><li>The startup's total expenses increased by 59% to INR 59.3 Cr in Q2 FY25 from INR 37.3 Cr in the same quarter of the previous year.</li></ul>

ideaforge’s Share Prices Slip To A 52 Week Low Post Weak Q2 Disclosures

Discover more