Idea Forge was founded by students of IID Bombay after a 2008 terror attack in Mumbai. The company is now ready to fly drones over the large street. Idea Forge has been valued at 2500 crore rupees and plans an IPO next year. A drone attack on Indian soil in 2021 could see them snapped up for $1 billion.
The ₹550 crore IPO of what is arguably India’s biggest dronemaker opens on Monday (26th of June) and in today’s episode for 24th June 2023, we dive into what drives the company.
The shares of the Indian Energy Exchange (IEX) —a company controlling over 90% of the power exchange business — have declined ~18% over the last month.
And people have been selling the stock as if there’s no tomorrow. So, where did it all go wrong?
Well, you could attribute pretty much all of this to something that the government did.
If you’d like to find out what then click link and watch the video now - https://www.youtube.com/watch?v=cgtsquC-SRg