Force Motors is currently trading at Rs 268.85, up by 2.95 points or 1.11% from its previous closing of Rs 265.90 on the BSE.
The scrip opened at Rs 269.95 and has touched a high and low of Rs 269.95 and Rs 254.40 respectively. So far 1001 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 525.00 on 11-Dec-2012 and a 52 week low of Rs 235.00 on 25-Jul-2013.
Last one week high and low of the scrip stood at Rs 279.80 and Rs 235.00 respectively. The current market cap of the company is Rs 345.09 crore.\
The promoters holding in the company stood at 51.75% while Institutions and Non-Institutions held 6.00% and 42.25% respectively.
Force Motors (FM) has rolled out two variants of its SUV Force, and has decided to introduce third, the highest variant, in a month’s time. With this initiative, the company will be offerings the products across all price segments. It has sold 2,600 units of Force One, in the 19 months since the Pune-based auto maker made its foray in the passenger.
Auto maker aims to double its existing 25-dealerships by the end of the fiscal. Many of these will be in tier-II and III cities. It had planned capital expenditure of Rs 1,000 crore over a period of three years beginning last year.
| Company Name | CMP |
|---|---|
| Ashok Leyland | 174.75 |
| Force Motors | 22382.80 |
| Olectra Greentech | 1226.25 |
| Tata Motors | 439.15 |
| SML Mahindra | 4317.20 |
| View more.. | |
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