India, Oct. 12 -- The share of the company, which is India's leading manufacturer of unmanned aerial vehicle (UAV) systems and ranked 3rd globally in dual-use (civil and defense) drone manufacturing, gained focus after it entered into a next-generation drone program and others.

With a market capitalization of Rs 3,655 crore, Ideaforge Technology Ltd's share on Monday made a day high of Rs 735.15 per share, up by 10 percent, hitting the upper circuit in the day's trade, from its previous close of Rs 668.35 per share. The stock of the company gave a return of 55.6 percent over the last year. Factors that might be behind the rally in the stock today:

Progress in next-generation drone development ideaForge Technology's YETI project has made...