FORCE MOTORS share price has zoomed 6% and is presently trading at Rs 1,691.
Meanwhile, the BSE AUTO Index is at 20,607 (up 3.2%).
Among the top Gainers in the BSE AUTO Index today are FORCE MOTORS (up 5.5%) and HERO MOTOCORP (up 6.4%).
Over the last one year, FORCE MOTORS has moved down from Rs 3,180 to Rs 1,691, registering a loss of Rs 1,489 (down 46.8%).
On the other hand, the BSE AUTO has moved down from 25,488 to 20,607, loss of 4,881 points (down 19.2%) during the last 12 months.
The top gainers among the BSE AUTO Index stocks during this same period were EXIDE INDUSTRIES (up 27.3%) and M&M (up 5.2%).
REVEALED: How to Potentially Make Up to Tens of Thousands of Rupees Within a Few Hours...
The BSE Sensex is at 35,624 (up 1.3%).
The top gainers among the BSE Sensex stocks today are HERO MOTOCORP (up 6.4%), YES BANK (up 4.6%) and BHARTI AIRTEL (up 4.4%). Other gainers include ADANI PORTS & SEZ (up 4.3%) and TATA MOTORS (up 3.8%). The most traded stocks in the BSE Sensex are YES BANK and ICICI BANK.
In the meantime, NSE Nifty is at 10,692 (up 1.3%). HERO MOTOCORP (up 6.4%) and ADANI PORTS & SEZ (up 4.7%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 33,456 to 35,624, registering a gain of 2,168 points (up 6.4%).
FORCE MOTORS net profit stood at Rs 397 million for the quarter ended September 2018, compared to a profit of Rs 146 million a year ago. Net Sales rose 17.6% to Rs 8.8 billion during the period as against Rs 7.5 billion in July-September 2017.
For the year ended March 2018, FORCE MOTORS reported 17.9% decrease in net profit to Rs 1.5 billion compared to net profit of Rs 1.8 billion during FY17.
Revenue of the company grew 1.0% to Rs 35 billion during FY18.
The current Price to earnings ratio of FORCE MOTORS, based on rolling 12 month earnings, stands at 14.3x. p >
What else is happening in the markets today? Dig in...
Indian share markets witnessed huge selling during closing hours today and ended their day deep in the red.
TORRENT POWER share price is trading up by 5% and its current market price is Rs 429. The BSE POWER is up by 0.6%. The top gainers in the BSE POWER Index are TORRENT POWER (up 5.2%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.7%) and NTPC (down 1.2%).
DILIP BUILDCON share price is trading up by 8% and its current market price is Rs 719. The BSE CAPITAL GOODS is down by 0.6%. The top gainers in the BSE CAPITAL GOODS Index are DILIP BUILDCON (up 8.5%) and BHEL (up 6.5%). The top losers are CARBORUNDUM UNIVERSAL (down 0.1%) and HINDUSTAN AERO. (down 1.8%).
BALRAMPUR CHINI share price is trading up by 10% and its current market price is Rs 213. The BSE 500 is down by 0.3%. The top gainers in the BSE 500 Index are BALRAMPUR CHINI (up 10.3%) and BALMER LAWRIE (up 13.6%). The top losers are DIVIS LABORATORIES and PIDILITE INDUSTRIES .
INDIAN ENERGY EXCHANGE share price is trading up by 7% and its current market price is Rs 319. The BSE POWER is up by 0.9%. The top gainers in the BSE POWER Index are INDIAN ENERGY EXCHANGE (up 6.6%) and ADANI POWER (up 9.9%). The top losers are POWER GRID (down 0.5%) and NTPC (down 0.8%).
ITD CEMENTATION INDIA share price is trading up by 8% and its current market price is Rs 93. The BSE REALTY is up by 0.3%. The top gainers in the BSE REALTY Index are ITD CEMENTATION INDIA (up 8.5%) and INDIABULLS REAL EST (up 10.3%). The top losers are PRESTIGE ESTATES and GODREJ PROPERTIES (down 0.2%).
View More Indian Share Market NewsLast time the smallcap index crossed 19k a big correction followed. Here's what makes it different this time.
In this video, I'll show you how to get started on the path to daily trading profits.
In this episode, ace trader Brijesh Bhatia talks to us about the best investments of 2021, his profitable trading system, and much more.
An Indian company founded three decades ago in a garage caught my attention...
More
Equitymaster requests your view! Post a comment on "FORCE MOTORS Surges by 6%; BSE AUTO Index Up 3.2%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!