{
  "id": 647503,
  "title": "ideaForge Technology shares drop over 9% in two days. JM Financial downgrades rating",
  "url": "https://urgent.news/2026/08/12/ideaforge-technology-shares-drop-over-9-in-two-days-jm-financial",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T06:32:02.000Z",
  "source": {
    "name": "The Economic Times - Top News",
    "slug": "the-economic-times-top-news",
    "url": "https://economictimes.indiatimes.com/markets/stocks/news/ideaforge-technology-shares-drop-over-9-in-two-days-jm-financial-downgrades-rating/articleshow/133173401.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "ideaForge Technology shares fell 9.5% over two days after JM Financial downgraded the stock to Add from Buy, citing valuation concerns following a sharp run-up despite strong long-term prospects. The brokerage expects order inflows to remain weak in FY27 before recovering in FY28 and FY29, while execution momentum and operating leverage could support significant revenue and margin growth.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}