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AsiaOne
8 hours ago
- Climate
- AsiaOne
'Just do your best': Families of Red Lions show support at Bishan NDP @ Heartlands celebration despite gloomy weather, Singapore News
Despite the rainy weather this afternoon, everyone's spirits were uplifted just by basking in the atmosphere at the heartland celebration at Bishan today (Aug 10). AsiaOne was at the Bishan NDP @ Heartlands celebration at about 3.15pm, where more than 200 people were standing in the queue, waiting to enter the event at the open field opposite Bishan Circle Line. Defence Minister Chan Chun Sing was also spotted engaging residents at Bishan before the event started. He shook hands and took selfies with them. Due to heavy winds, the Singapore parachute team Red Lions, who was initially expected to arrive at 4pm, were delayed, but the audiences stayed enthusiastic. At 4.15pm, the C-130 flight carrying the Red Lions hovered in the cloudy skies above Bishan for more than 10 minutes before the seven members, including Master Warrant Officer Leonard Tan, attempted the jump about 15 minutes later. The moment they were out of the plane and in the skies, hundreds of spectators raised their phones above their head to capture the moment while others waved the Singapore flag at them. The men hovered in the skies for about five minutes before the first man landed on the field to roaring cheers. The septet gathered before waving to the crowds. Some of them further engaged the audiences by handing out iron-on patches to them. Among the spectators is a wife of one of the Red Lions, who was there to show her support together with their two children and extended family. Speaking to AsiaOne at the event, the 40-year-old said: "We are excited to be here! We were also watching the weather, because it's really cloudy, so [we are expecting that] he may or may not jump. We are glad to see that he was able to attempt the jump." She also added that her husband had been involved in parachuting for about a decade and she had always been worried about him getting injured. At the same time though, she proclaimed that she is proud of his "experience and courage." When asked how she supported him, she shared that she will just tell him to "just do your best, be safe - the kids are well taken care of." The man's sister-in-law added that their whole family was there to support him and it was "really nice to be able to see him [parachuting] at close proximity." The 43-year-old added: "We were super excited and super proud of him." At about 6pm, mobile columns including the Leopard 2SG Tank, Hunter Armoured Fighting Vehicle and Light Strike Vehicle arrived at the road beside the field at Bishan. In the evening, Senior Minister Lee Hsien Loong, Minister of National Development of Singapore Chee Hong Tat and member of Parliament Gan Siow Huang were also spotted greeting residents at the event. [[nid:721158]] No part of this article can be reproduced without permission from AsiaOne.
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Business Standard
24-07-2025
- Automotive
- Business Standard
Smallcap auto stock soars 20%; zooms 216% thus far in CY25. Do you own?
Force Motors share price today Shares of Force Motors hit a new high of ₹20,563, soaring 20 per cent on the BSE in Thursday's intra-day trade in an otherwise subdued market after the company reported healthy June quarter earnings (Q1FY26). In comparison, the BSE Sensex was down 0.28 per cent at 82,492 at 10:02 AM. In the past one month, the stock price of Force Motors has rallied 50 per cent, as compared to 0.54 per cent rise in the BSE Sensex. Thus far in the calendar year 2025 (CY25), the stock price of the smallcap automobile company has zoomed 216 per cent, as against 5 per cent gain in the benchmark index. Force Motors Q1 results For Q1FY26, Force Motors reported 54 per cent year-on-year (YoY) jump in standalone profit before tax (PBT) at ₹286.54 crore. The company had posted PBT of ₹185.66 crore in the same quarter last fiscal. Revenue from operations grew 21.9 per cent YoY at ₹2,297 crore. Profit after tax increased 55 per cent to ₹185.22 crore from ₹119.59 crore. In Q1FY26, the company's domestic sales jumped 26.14 per cent to 9,013 units, as against 7,145 units sold in Q1FY25. What's driving the stock price of Force Motors? Since March 27, the stock price Force Motors has appreciated by 135 per cent after the company in an exchange filing said it has to deliver 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) to the Indian Defence Forces. These vehicles are tailored to meet the diverse operational requirements of both the Indian Army and the Indian Air Force, showcasing Force Motors' capability to deliver mission-ready vehicles designed to perform in demanding defence environments, Force Motors said. Force Motors has been catering to the defence sector for many years through its Gurkha LSV (Light Strike Vehicle), a vehicle renowned for its durability, off-road prowess, and adaptability. Force Motors - Outlook Force Motors' leading position in the domestic light commercial vehicle (LCV) passenger segment, presence across multi-utility vehicles (MUVs) and sports utility vehicle (SUVs) segments, and well-established position in the automotive component business with long standing relationships with reputed original equipment manufacturers (OEMs) resulting in a diversified revenue stream. The company focuses on the niche passenger segment of LCV. In the LCV school bus and ambulance segment, the company has a market share of 70-75 per cent. Force Motors will continue to benefit from its niche positioning in the automotive OEM market, supported by the steady launch of new products and variants and rise in demand in the LCV segment, according to Crisil Ratings. The company's brands include 'Urbania' in the LCV segment, 'Traveller' in the PV, school bus, ambulance and delivery van segments; 'Trax' in the UV, ambulance and delivery van segments; and 'Gurkha' and 'Citiline' in the UV segment. Healthy cash generation and prudent funding of capex will ensure the debt protection metrics remain at healthy levels. About Force Motors Force Motors is a fully integrated automobile company, specialising in the engineering, development, and manufacture of vehicles, aggregates, and components. Force Motors' formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa. Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz vehicle made in India is powered by an engine produced at Force Motors in Chakan Pune.
