Force Motors was declared as L1 vendor for the procurement of 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) by Indian Defence Forces
Towards the end of 2023, ACC initiated a strong rally from the Rs 1,800-1,850 zone, surging sharply to around Rs 2,700 within just three months
In its February sales report, Force Motors' overall sales including exports and domestic sales increased 46.28 per cent year-on-year (Y-o-Y) to 3,600 units as compared to 2,461 units
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The report showed Force Motors' January sale of small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV) and sports utility vehicles (SUV) increased 20.34 per cent
Force Motors' domestic sale fell 8.06 per cent year-on-year (Y-o-Y) to 1,985 units in December from 2,159 units a year ago
Force Motors Ltd on Thursday said it has bagged an order for the supply of 2,429 units of ambulances to the Medical Health and Family Welfare Department, Uttar Pradesh. In a regulatory filing, the company said the order is for supply of 2,429 units of BS-VI diesel ambulance to the department. The order is to be executed between December 2024 and March 2025, it said without disclosing the value of the order. The company in a statement later said that the UP-Government Health Department's decision to procure 2429 ambulances from Force Motors underscores the state's commitment to strengthening its healthcare infrastructure. These vehicles will play a pivotal role in enhancing emergency response capabilities and ensuring timely medical assistance for millions of residents across urban and rural areas, the company said. These vehicles are available in multiple configurations, including patient transport, basic life support (BLS), advanced life support (ALS), and mobile medical unit (MMU
Force Motors registered a consolidated net profit of Rs 134 crore as compared to Rs 92.4 crore a year ago
Force, which manufactures commercial vehicles (CV), including vans, school buses and ambulances, reported a 27 per cent rise in revenue to Rs 1,885 cr during q1, driven by a 10 per cent jump in sales
The fall in the share price came on the back of weak June sales numbers. Force Motors' total sales slipped 2.9 per cent to 2,553 units
The stock price of Force Motors surpassed its previous high of Rs 9261.80, touched on April 8, 2024
In financial year 2023, the sale of agricultural tractors accounted for 3.66% of the company's total revenue, Force Motors said
Among these 10 stocks, Force Motors has zoomed 516 per cent, while, SML, Voltamp Transformers and Time Technoplast recorded returns between 243 per cent and 286 per cent
Force Motors hit a new high of Rs 6,100 in intra-day trade on Tuesday and has rallied 38% in four days after the has admitted the equity shares of the company to dealings on the exchange from Feb 14.
Automaker Force Motors plans to invest around Rs 2,000 crore in the next three to four years on various activities including sustainability drive and electric vehicle development, according to the company's Managing Director Prasan Firodia. The company, which sells a range of commercial and utility vehicles, is looking to bring electric versions of its vans' ranges step by step going forward. "At a company level we are looking at about Rs 2,000 crore investment over the next three to four years," Firodia told PTI in an interview. He was responding to a query on the company's overall investment plans. "The investment will be across conventional engines, EVs, upgrading further engineering facilities, creating a more sustainable environment. It is across the board and across the value chain," Firodia added. The company, which showcased its Traveller Electric, Urbania Diesel, and Traveller CNG at the Bharat Mobility Global Expo, has embarked on an electrification drive, although it wi
Stocks to Watch on Wednesday, December 6, 2023: Axis Bank has initiated Corporate Insolvency Resolution Process against Digital Ventures Private Limited, wholly-owned subsidiary of Zee Lear
Thus far in the current financial year 2023-24, the stock has zoomed 161 per cent, as compared to 11.6 per cent rise in the S&P BSE Sensex.
Stocks to watch on August 10, 2023: Shares of rate sensitive sectors, such as auto, banks and real-estate will be in focus on Thursday as RBI announces its policy decision.
Revenue rose 53.2% to Rs 148.8 cr
Thus far in the month of June, the stock has surged 43 per cent after the company reported 30 per cent year-on-year and month-on-month jump in total sales at 2,645 units for the May month.