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Force Motors zooms on the buzz of BMW outsourcing components

04 Feb 2015 Evaluate

Force Motors is currently trading at Rs. 1283.00, up by 146.40 points or 12.88% from its previous closing of Rs. 1136.60 on the BSE.

The scrip opened at Rs. 1147.00 and has touched a high and low of Rs. 1342.25 and Rs. 1145.00 respectively. So far 825643 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1463.00 on 07-Oct-2014 and a 52 week low of Rs. 281.65 on 14-Feb-2014.

Last one week high and low of the scrip stood at Rs. 1342.25 and Rs. 1131.30 respectively. The current market cap of the company is Rs. 1734.79 crore.

The promoters holding in the company stood at 59.36% while Institutions and Non-Institutions held 6.14% and 34.50% respectively.

In an effort to localise manufacturing, Germany-based global auto major Bayerische Motoren Werke AG (BMW) is reportedly planning to source auto components from Force Motors. BMW will source major auto components such as engines and gear boxes from the Pune-based company.

Force Motors is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.

 

Force Motors Share Price

20744.75 -1031.15 (-4.74%)
23-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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