FORCE MOTORS Share Price Up by 6%; BSE AUTO Index Up 0.8%
June 19, 2020 11:05 AM

FORCE MOTORS share price has zoomed 6% and is presently trading at Rs 976.

Meanwhile, the BSE AUTO Index is at 14,922 (up 0.8%).

Among the top Gainers in the BSE AUTO Index today is FORCE MOTORS (up 5.9%).

EICHER MOTOR (down 0.3%) and HERO MOTOCORP (down 0.3%) are among the top losers today.

Over the last one year, FORCE MOTORS has moved down from Rs 1,396 to Rs 976, registering a loss of Rs 420 (down 30.1%).

On the other hand, the BSE AUTO has moved down from 17,731 to 14,922, loss of 2,809 points (down 15.8%) during the last 12 months.

The top gainers among the BSE AUTO Index stocks during this same period were BALKRISHNA INDUSTRIES (up 65.4%) and MRF LTD. (up 15.6%).

What About the Benchmark Indices?

The BSE Sensex is at 34,440 (up 0.2%).

The top gainers among the BSE Sensex stocks today are BAJAJ FINANCE (up 5.0%), AXIS BANK (up 2.5%) and MARUTI SUZUKI (up 2.0%). Other gainers include RELIANCE IND. (up 1.4%) and SBI (up 1.3%). The most traded stocks in the BSE Sensex are SBI and AXIS BANK.

In the meantime, NSE Nifty is at 10,162 (up 0.3%). The top gainers in the NSE Nifty include BAJAJ FINANCE (up 5.3%), TATA MOTORS (up 3.9%) and BAJAJ FINSERV (up 3.3%). Other gainers include ADANI PORTS & SEZ (up 2.9%) and AXIS BANK (up 2.6%) are among the top gainers in NSE Nifty.

Over the last 12 months, the BSE Sensex has moved down from 39,046 to 34,440, registering a loss of 4,606 points (down 12.19%).

FORCE MOTORS Financial Update...

FORCE MOTORS net profit down at Rs 75 million for the quarter ended September 2019, compared to a loss of Rs 273 million a year ago. Net Sales declined 8.6% to Rs 7.6 billion during the period as against Rs 8.3 billion in July-September 2018.

For the year ended March 2019, FORCE MOTORS reported 0.1% increase in net profit to Rs 1.5 billion compared to net profit of Rs 1.5 billion during FY18.

Revenue of the company grew 3.4% to Rs 37 billion during FY19.

The current Price to earnings ratio of FORCE MOTORS, based on rolling 12 month earnings, stands at 12.7x.