Force Motors reveals sustainable sales for August
Published On Sep 14, 2015
On September 8, the share value of Force motors was at Rs. 2002.20, having risen by 34.85 points or 1.77% from the previous closing of Rs. 1967.35 on the BSE. Opening at Rs. 1981.00, the share price touched a high of Rs. 2022.00, and a low of Rs. 1911.25 respectively. The company saw 115,000 shares being traded.
With a face value of Rs. 10, the BSE group 'B' stock touched its 52 week high on 5th August 2015, going to Rs. 3288.00. It met its 52 week low on 9th September, where it sank to Rs. 802.25. Meanwhile, the last one week high and low of the stock were Rs. 2209.70 and Rs. 1911.25 respectively. At present, the company stands within a market cap of Rs. 2,600 crores. 60.12% of the company's shares are held by its promoters. Of the remainder, 7.03% were claimed by institutions, and 32.85%, by non-institutions.
The company had also disclosed its sales figures for the month of August. It had sent out 252 vehicles of the SCV (small commercial vehicles) range, 1295 units from the LCV (light commercial vehicles category) range and 400 utility vehicles as well as tractors. It had also sold 10 SCVs, 1293 LCVs and 271 units of UVs/SUVs/Tractors domestically, in addition to exporting 210 SCVs and 14 LCVs.
