New Delhi, June 4 -- IdeaForge Technology share price rallied over 7% on Wednesday amid a sharp uptick in trading volumes. The drone stock, IdeaForge shares spiked as much as 7.80% to Rs.605.50 apiece on the BSE.

On June 4, approximately 23 lakh equity shares of IdeaForge Technology changed hands on the exchanges, significantly higher than its one-week average volume of 11 lakh shares.

The recent rally in IdeaForge comes on the back of heightened investor interest in defence and drone stocks, following the escalation of the India-Pakistan conflict. The Indian Army's 'Operation Sindoor', launched on May 7, showcased the country's indigenously developed drone and defence capabilities, including the destruction of key Pakistani air bases a...