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Force Motors trades jubilantly on reporting 41% surge in Q2 net profit

08 Oct 2013 Evaluate

Force Motors is currently trading at Rs. 310.95, up by 6.55 points or 2.15% from its previous closing of Rs. 304.40 on the BSE.

The scrip opened at Rs. 305.55 and has touched a high and low of Rs. 314.00 and Rs. 305.00 respectively. So far 1500 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 07-Dec-2012 and a 52 week low of Rs. 225.00 on 07-Aug-2013.

Last one week high and low of the scrip stood at Rs. 314.00 and Rs. 285.95 respectively. The current market cap of the company is Rs. 408.46 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 has reported results for the second quarter ended September 30, 2013. The company has reported 40.63% rise in its net profit at Rs 26.93 crore for the quarter as compared to Rs 19.15 crore for the same quarter in the previous year. However, total income from operations of the company has decreased by 6.41% at Rs 471.76 crore for quarter under review as compared to Rs 504.06 crore for the quarter ended September 30, 2012.

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

22382.80 -159.50 (-0.71%)
17-Apr-2026 16:59 View Price Chart
Peers
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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