Force Motors is currently trading at Rs. 478.00, up by 23.75 points or 5.23% from its previous closing of Rs. 454.25 on the BSE.
The scrip opened at Rs. 455.00 and has touched a high and low of Rs. 484.00 and Rs. 444.00 respectively. So far 6921 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 894.95 on 30-Mar-2011 and a 52 week low of Rs. 387.50 on 19-Dec-2011.
Last one week high and low of the scrip stood at Rs. 548.75 and Rs. 443.00 respectively. The current market cap of the company is Rs. 620.60 crore.
The promoters holding in the company stood at 51.75% while Institutions and Non-Institutions held 6.37% and 41.88% respectively.
Force Motors has sold and transferred 55,797,100 equity shares of Rs 10 each of MAN Force Trucks (MFTPL) to MAN Truck & Bus AG (MAN) for a consideration of Euro 150,000,000.
Earlier on November 21, 2011, Force Motors and MAN Truck & Bus AG, Munich, Germany, the joint venture partners of MAN Force Trucks (MFT) reached an agreement in principle to reorganize their shareholding in the equity share capital of MFT and to rearrange their relationship in respect of MFT.
Company Name | CMP |
---|---|
Tata Motors | 999.35 |
Ashok Leyland | 185.10 |
Force Motors | 9584.60 |
Olectra Greentech | 1746.05 |
Tata Motors - DVR | 673.90 |
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