Last week (Feb14), Ideaforge hit its record low of ₹689, down 49% from its listing price (record high) and up just 2.5% from its IPO price. Despite such a dismal performance, Asian Market Securities (AMSEC) sees the stock delivering multi-bagger returns by December 2026.
As per Trendlyne data, the average target price of Ideforge stock is Rs 1607, which shows an upside potential of 97% from the current market prices. The consensus recommendation from one analyst for the stock is a Strong Buy .