Mumbai, February 6 Force Motors’ stock surged over 6% in early trade on the BSE following the company’s announcement of a 20.34% year-on-year rise in total sales for January 2025.
At Rs. 6779.55, the stock was up by 385.70 points or 6.03% from its previous closing price of Rs. 6393.85. The stock opened at Rs. 6459.00, touching a high of Rs. 7057.95 and a low of Rs. 6459.00 so far in the session.
Stock Performance Overview
52-Week High: Rs. 10,272.65 (April 29, 2024)
52-Week Low: Rs. 3,990.10 (February 9, 2024)
One-Week High/Low: Rs. 7057.95 / Rs. 6251.00
Market Cap: Rs. 8,931 crore
The stock, categorized under the BSE Group ‘A’, has a face value of Rs. 10. The promoters hold a 61.63% stake, while institutions and non-institutions hold 9.06% and 29.31% respectively.
Strong January Sales Growth
Force Motors’ total sales (domestic + exports) for January 2025 stood at 3,597 units, marking a 20.34% growth compared to 2,989 units in January 2024.
Domestic Sales: 3,493 units (SCV, LCV, UV, and SUV)
Exports: 104 units
A Leading Name in Commercial Vehicle Manufacturing
Force Motors, headquartered in Pune, is a fully vertically integrated automobile company, specializing in the design, development, and manufacturing of a full range of automotive components, aggregates, and vehicles. The company’s strong sales momentum signals growing demand across its product segments, reinforcing its market position in the commercial vehicle sector.
Force Motors Rallies 6% on 20% Surge in January Sales
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- My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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