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
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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.
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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.
Aurionpro, BDL, Centum Electronics, Cigniti Techno, Data Patterns, Dreamfolks, Fusion Micro, IOX Exchange, KDDL, Mahindra CIE, Safari Ind and Syngene hit their respective all-time highs today
The company reported a healthy 30 per cent year-on-year (YoY) and month-on-month (MoM) jump in its total sales of 2,645 units in May month.
Force Motors posted consolidated net profit of Rs 146.62 crore against loss of Rs 42.77 crore in the year ago quarter
Force Motors has pointed out unscientific and "ill-founded prejudices" against diesel-powered commercial vehicles and has sought free movement of such vehicles inside cities
Force Motors on Wednesday unveiled the all-new version of its sports utility vehicle Gurkha with deliveries expected to begin from October 15. The Gurkha 2021 is built on a ground-up modular architecture platform with an all-new wider and longer body, full new interiors, a new crash compliant, high strength chassis, new coil spring suspension on all four wheels fine-tuned to achieve the right balance and offer the best in class ride quality on multiple surfaces -- tarmac, rough rural roads and off the road, the Pune-based company said. The only carryover from the previous generation Gurkha is the Mercedes G-Wagen inspired look and imposing stance, it added. Aligning with the changing customer expectations and aspirations, we have designed and developed the all-new Gurkha on a ground-up, modular architecture platform and are confident that we shall now be able to appeal to a much wider audience who wish to own a vehicle that is suitable for both daily commutes as well as adventure ..
SML Isuzu rallied 15 per cent to Rs 692 in the intra-day trade today and has surged 38 per cent in the past two trading days
The company's total auto sales more-than-doubled or rose 124 per cent YoY to 1,925 units in June 2021