FORCE MOTORS Share Price Up by 5%; BSE AUTO Index Up 2.8%

Mon, 27 Sep 01:13 PM

FORCE MOTORS share price has zoomed 5% and is presently trading at Rs 1,563.

Meanwhile, the BSE AUTO Index is at 24,167 (up 2.8%).

Among the top Gainers in the BSE AUTO Index today are FORCE MOTORS (up 5.2%) and MARUTI SUZUKI (up 5.1%).

EICHER MOTOR (down 0.5%) is among the top loser today.

Over the last one year, FORCE MOTORS has moved up from Rs 1,053 to Rs 1,563, registering a gain of Rs 510 (up 47.9%).

On the other hand, the BSE AUTO has moved up from 17,390 to 24,167, registering a gain of 6,777 points (up 38.8%) during the last 12 months.

The top buzzing stocks among the BSE AUTO Index stocks during this same period were TATA MOTORS (up 152.8%), CUMMINS INDIA (up 120.7%) and MOTHERSON SUMI (up 111.5%).

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What About the Benchmark Indices?

The BSE Sensex is at 60,412 (up 0.2%).

The top gainers among the BSE Sensex stocks today are MARUTI SUZUKI (up 5.1%), M&M (up 3.3%) and BAJAJ AUTO (up 2.8%). Other gainers include ONGC (up 2.2%) and HDFC BANK (up 1.9%). The most traded stocks in the BSE Sensex are ITC and ONGC.

In the meantime, NSE Nifty is at 17,944 (up 0.2%). The top gainers in the NSE Nifty include MARUTI SUZUKI (up 5.1%), TATA MOTORS (up 4.4%) and M&M (up 3.2%). Other gainers include HERO MOTOCORP (up 2.9%) and BAJAJ AUTO (up 2.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved up from 37,668 to 60,412, registering a gain of 22,744 points (up 59.71%).

FORCE MOTORS Financial Update...

FORCE MOTORS net profit declined 110.9% YoY to Rs 16 million for the quarter ended June 2021, compared to a loss of Rs 149 million a year ago. Net Sales rose 31.0% to Rs 6.4 billion during the period as against Rs 4.9 billion in April-June 2020.

For the year ended March 2021, FORCE MOTORS reported 290.8% decrease in net profit to Rs 1.1 billion compared to net profit of Rs 585.0 million during FY20.

Revenue of the company grew 35.5% to Rs 20 billion during FY21.

The current Price to earnings ratio of FORCE MOTORS, based on rolling 12 month earnings, stands at down 26.3x.

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