Latest news with #ForceMotors
Business Standard
4 days ago
- Automotive
- Business Standard
Force Motors gains after domestic sales climb 24% YoY in May 2025
Force Motors rose 1.06% to Rs 12,464 after the company's domestic sales jumped 24.46% to 3,002 units in May 2025, as against 2,412 units sold in May 2024. The companys exports tumbled 52.22% to 86 units in May 2025, compared with 180 units sold in May 2024. The company sold a total of 3,088 units of small commercial vehicles (SCVs), light commercial vehicles (LCVs), utility vehicles (UVs), and sports utility vehicles (SUVs) in May 2025, registering a growth of 19.14% compared to 2,592 units sold in May 2024. Force Motors is engaged in manufacturing light commercial vehicles, utility vehicles, and engines. It is an automobile company with a focus on the design, development, and manufacture of a range of automotive components, aggregates, and vehicles. The company reported a 209.93% surge in consolidated net profit to Rs 434.71 crore on a 17.14% rise in revenue from operations to Rs 2,356.01 crore in Q4 FY25 over Q4 FY24.
Business Standard
4 days ago
- Business
- Business Standard
Stock Alert: REC, Gland Pharma, Sansera Engg, Force Motors, CESC
Securities in F&O Ban: Manappuram Finance shares are banned from F&O trading on 5 June 2025. Stocks to Watch: RECs board has approved a proposal to raise up to Rs 1.55 lakh crore through the issuance of non-convertible debentures (NCDs) on a private placement basis, in one or more tranches. Force Motors total sales jumped 19.14% to 3,088 units in May 2025 compared with 2,592 units sold in May 2024. Domestic sales jumped 24.46% to 3,002 units while exports sales tumbled 52.22% to 86 units in May 2025 over May 2024. Sansera Engineering has secured an order worth Rs 160 crore from Airbus Defence for the manufacturing, supplying and supporting the Airborne Intensive Care Transport Module (ICTM) for light and medium transport aircraft programs. CESCs subsidiary, Purvah Green Power has entered into agreement with Envision Energy India for supply and commission of wind turbine generator (WTG) totaling 1 GW. Deccan Gold Mines associate company, Geomysore, received the consent to operate (CTO) for its Jonnagiri Gold Project from the Andhra Pradesh Pollution Control Board (APPCB). Gland Pharmas material subsidiary, Cenexi received 11 observations from Agence nationale de suritdu micament et des produits de sant(ANSM), France, for its Fontenay manufacturing facility.
Business Upturn
4 days ago
- Automotive
- Business Upturn
Force Motors shares rise nearly 4% after May auto sales increase 19.1% to 3,088 units
By Aditya Bhagchandani Published on June 5, 2025, 09:27 IST Shares of Force Motors Ltd surged 3.71% to ₹12,790 in early trade on June 5, following the company's release of robust monthly sales data for May 2025. The stock opened higher and touched an intraday high of ₹12,800, up from the previous close of ₹12,333. The company's market cap stood at ₹168.24 billion. In its exchange filing, Force Motors reported a 24.46% year-on-year growth in domestic sales for Small Commercial Vehicles (SCVs), Light Commercial Vehicles (LCVs), Utility Vehicles (UVs), and Sports Utility Vehicles (SUVs), with 3,002 units sold in May 2025 compared to 2,412 units in May 2024. However, the export numbers saw a sharp decline, with only 86 units shipped in May 2025 compared to 180 units in the same month last year—a 52.22% drop. Despite the weak export figures, the company's overall (domestic plus export) vehicle sales stood at 3,088 units in May 2025, registering a 19.14% year-on-year growth. Investors appeared to cheer the strong domestic performance, especially in the commercial and utility vehicle segments, as reflected in the stock's early momentum. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Mint
4 days ago
- Automotive
- Mint
Force Motors share price: Multibagger small-cap stock hits record high, logging 4% intraday gains. Here's why
Force Motors share price rallied over 4% to hit a record high in early trade on Thursday after the commercial vehicle (CV) manufacturer reported decent sales growth in the month of May. The small-cap stock jumped as much as 4.09% to its 52-week high of ₹ 12,838 apiece on the BSE. In its monthly business update, Force Motors reported total sales of 3,088 units in May, registering a growth of 19.14% from 2,592 units in the same period last year. Total sales included the domestic and export sales of Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV) and Sports Utility Vehicles (SUV). Domestic sales last month increased by 24.46% to 3,002 units from 2,412 units, year-on-year (YoY). Exports in May 2025 dropped significantly by 52.225 to 86 vehicles from 180 vehicles, YoY. Meanwhile, Force Motors posted robust earnings growth during the fourth quarter of FY25. The company saw a sharp 210% YoY surge in net profit to ₹ 434.7 crore in Q4FY25 as against ₹ 140.3 crore in the year-ago quarter. The company's revenue in the March quarter increased 17.1% to ₹ 2,356 crore from ₹ 2,011.2 crore, YoY, driven by strong growth across segments. EBITDA grew 18.2% YoY to ₹ 329.3 crore, while EBITDA margin improved marginally to 14%. The company's board also recommended a dividend of ₹ 40 per share, subject to shareholders' approval. Force Motors share price has witnessed a sustained upward trajectory, gaining 22% over the past month and more than 67% in the last three months. On a year-to-date (YTD) basis, the small-cap stock has rallied 87%, while it has appreciated 48% over the past year. In the long term, Force Motors shares have delivered multibagger returns, soaring 555% over the last two years and an impressive 1,250% over the past five years. At 9:45 AM, Force Motors shares were trading 2.53% higher at ₹ 12,645.00 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
4 days ago
- Automotive
- Business Standard
Force Motors share gains 4% on robust May sales; check key numbers here
Force Motors share price: Automobile major Force Motors shares rose up to 4.09 per cent to hit an intraday high of ₹12,838 per share on Thursday, June 5, 2025. At 9:30 AM, Force Motors shares were off day's high, and were trading 1.23 per cent higher at ₹12,485. In comparison, BSE Sensex was trading 0.33 per cent higher at 81,268.67 levels. Catch Stock Market Updates Today LIVE Why did Force Motors share price rise in trade today? Force Motors share price rose on the back of healthy May 2025 auto sales numbers. The company's total sales grew 19.14 per cent year-on-year (Y-o-Y) to 3,088 units in May 2025, from 2,592 units in May 2024. Domestic sales including Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV) and Sports Utility Vehicles (SUV) jumped 24.46 per cent Y-o-Y to 3,002 units in May 2025, as against 2,412 units in May 2024. Force Motors reported a sharp rise in its fourth-quarter profit, driven by robust sales of its multi-seater vans—commonly used as school buses and ambulances—and a major one-time gain. The company's consolidated net profit jumped to ₹435 crore in the quarter ended March 31, up from ₹140 crore a year earlier. Profit before exceptional items and tax rose 27.5 per cent Y-o-Y to ₹273 crore. The results were further boosted by a one-time income of ₹395 crore from government incentives. Total sales during the quarter climbed 19.5 per cent, supported by increased government spending and strong demand for passenger carriers, a segment that forms a major part of Force Motors' commercial fleet. Revenue from operations rose 17.1 per cent to ₹2,356 crore, while total expenses increased 16 per cent to ₹2,106 crore, primarily due to an 11.7 per cent rise in material costs. About Force Motors Force Motors, established in 1958 by N K Firodia, is an automobile manufacturer recognised for its wide range of commercial vehicles, including Light Commercial Vehicles (LCVs), Multi-Utility Vehicles (MUVs), and Small Commercial Vehicles (SCVs). With a strong focus on affordability and utility, the company has built a reputation for reliability in commercial transport. A key strength of Force Motors lies in its fully vertically integrated operations—designing, developing, and manufacturing core components such as engines, gearboxes, axles, and chassis entirely in-house. This allows greater control over quality and cost-efficiency across its production process. In addition to its domestic offerings, Force Motors has established major international collaborations. Since 1997, the company has been supplying engines to Mercedes-Benz India, with over 152,000 units delivered. In 2015, it expanded this capability by beginning engine production for BMW's India-made cars and SUVs. The company is also evolving with the times through its digital transformation initiative, "DigiForce," aimed at enhancing operational efficiency. Its product portfolio now includes not just commercial vehicles but also specialised models for off-road, recreational, and military use, reflecting its growing versatility and technological advancement.
