Force Motors declines despite reporting marginal rise in total sales during November 2024
Force Motors is currently trading at Rs. 6895.00, down by 88.60 points or 1.27% from its previous closing of Rs. 6983.60 on the BSE.
The scrip opened at Rs. 7077.55 and has touched a high and low of Rs. 7150.60 and Rs. 6858.55 respectively. So far 1291 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 10272.65 on 29-Apr-2024 and a 52 week low of Rs. 3333.00 on 24-Jan-2024.
Last one week high and low of the scrip stood at Rs. 7150.60 and Rs. 6801.00 respectively. The current market cap of the company is Rs. 9084.37 crore.
The promoters holding in the company stood at 61.63%, while Institutions and Non-Institutions held 8.81% and 29.56% respectively.
Force Motors has reported 0.05% rise in its total sales (Domestic + Export) for Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV) and and Sports Utility Vehicles (SUV) at 1,885 units for November 2024 as compared to 1,884 units sold in November 2023.
Out of total, the company’s domestic sales for SCV, LCV, UV and SUV stood at 1,736 units in November 2024. The company has exported 149 units of SCV, LCV, UV and SUV in month of November 2024.
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.