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.