Force Motors up 5%

about 3 years ago

Force Motors, which had closed yesterday at Rs.1481.50, opened 2.5% higher and went on to hit an intraday high at Rs.1555.40, up 5%. Its 52-week high is at Rs.1706.25.

The stock is up after the company reported much better sales and production for Sept’21.

Its production, on a MoM rose marginally by 11 more units at 2159 while it sold 481 vehicles more at 1968 units.

Its exports though declined from 500 to 272 vehicles in Sept’21.