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.
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.
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