Force Motors December total domestic sales at 2,121 units

India Infoline News Service | Mumbai | January 04, 2017 14:15 IST

Force Motors sold 955 units of its Small Commercial Vehicles (SCV) and Light Commercial Vehicles (LCV) at 733 units, the company said in BSE filing.

Force Motors
Force Motors registered a total domestic sales at 2,121 units in the December month. The company sold 955 units of its Small Commercial Vehicles (SCV) and Light Commercial Vehicles (LCV) at 733 units, the company said in BSE filing.

Stock Commentary:

Force Motors Ltd is currently trading at Rs 3873.9, down by Rs 42.55 or 1.09% from its previous closing of Rs 3916.45 on the BSE.

The scrip opened at Rs 3929 and has touched a high and low of Rs 3940 and Rs 3842.1 respectively. So far 56996 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs 5161.88 crore.

The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 4839 on 27-Oct-2016 and a 52 week low of Rs 2180 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs 3988 and Rs 3626.1 respectively.

The promoters holding in the company stood at 60.12 % while Institutions and Non-Institutions held 5.73 % and 34.15 % respectively.

The stock is currently trading below its 50 DMA.

***Note: This is a BSE Chart

 

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