Force Motors touches roof as its SCV & LCV production stands at 2,360 units in August
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Force Motors is currently trading at upper limit of Rs. 3633.25, up by 173.00 points or 5.00% from its previous closing of Rs. 3460.25 on the BSE.
The scrip opened at Rs. 3626.05 and has touched a high and low of Rs. 3633.25 and Rs. 3619.95 respectively. So far 9886 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 3655.00 on 17-Aug-2023 and a 52 week low of Rs. 1085.20 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 3633.25 and Rs. 3408.05 respectively. The current market cap of the company is Rs. 4787.27 crore.
The promoters holding in the company stood at 61.63%, while Institutions and Non-Institutions held 5.59% and 32.78% respectively.
Force Motors has reported the production, sales and export of the vehicles for the month of August 2023. The company’s production of Small Commercial Vehicles (SCV) & Light Commercial Vehicles (LCV) stood at 2,360 units and Utility Vehicles (UV), Sports Utility Vehicles (SUV) & Tractors stood at 672 units.
The company’s domestic sales for SCV & LCV stood at 1,939 units and sales of UV, SUV & Tractors stood at 662 units. The company has exported 673 units of SCV & LCV in month of August 2023 and 2 units of UV, SUV & Tractors.
Force Motors is a Pune-based commercial vehicle maker. It is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.
