Force Motors touches roof as its Q2 consolidated net profit rises 44%
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Force Motors is currently trading at upper limit of Rs. 7654.00, up by 1275.65 points or 20.00% from its previous closing of Rs. 6378.35 on the BSE.
The scrip opened at Rs. 7250.05 and has touched a high and low of Rs. 7654.00 and Rs. 7107.15 respectively. So far 18258 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. 7654.00 and Rs. 6150.35 respectively. The current market cap of the company is Rs. 10085.11 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 43.17% rise in its net profit at Rs 140.68 crore for second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 98.26 crore for the same quarter in the previous year. Total income of the company increased by 7.68% at Rs 1,949.77 crore for Q2FY25 as compared to Rs 1,810.63 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 43.84% rise in net profit at Rs 135.05 crore for Q2FY25 as compared to Rs 93.89 crore for the same quarter in the previous year. Total income of the company increased by 7.69% at Rs 1,949.90 crore for Q2FY25 as compared to Rs 1,810.74 crore for the corresponding quarter previous year.
