Force Motors lost 7.14% to Rs 337.05 at 12:05 IST on BSE, after the company reported net loss of Rs 8.36 crore in Q3 December 2013 as compared to net profit of Rs 8.12 crore in Q3 December 2012.
The Q3 result was announced on Saturday, 18 January 2014.
Meanwhile, the S&P BSE Sensex was up 97.35 points or 0.46% at 21,157.65
On BSE, so far 3,079 shares were traded in the counter as against average daily volume of 3,942 shares in the past one quarter.
The stock hit a high of Rs 351 and low of Rs 336 so far during the day. The stock hit a 52-week high of Rs 476.50 on 21 January 2013. The stock hit a 52-week low of Rs 225 on 7 August 2013.
The stock had underperformed the market over the past one month till 17 January 2014, falling 0.06% compared with the Sensex's 2.19% rise. The scrip had, however, outperformed the market in past one quarter, rising 17.1% as against Sensex's 3.17% rise.
The small-cap company has an equity capital of Rs 13.18 crore. Face value per share is Rs 10.
Force Motors' total income from operations (net) rose 9.89% to Rs 479.47 crore in Q3 December 2013 over Q3 December 2012.
Force Motors is engaged in the manufacture of LCVs, SCVs, utility vehicles, agricultural tractors and other products related to automobile industry such as diesel engines.
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