India's ideaForge Technology drops on Q1 profit slump
30/07/2024 06:22
** Shares of India's ideaForge Technology IDEF.SN slump
10.8% to 765.45 rupees
** Co, which makes drones and unmanned aircraft systems,
said consol Q1 net profit tanked ~94% y/y, revenue fell 11%
** Trading vols 2.2x 30-day avg
** YTD stock has fallen 7%
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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