FORCE MOTORS share price has plunged 5% and is presently trading at Rs 1,090.
Meanwhile, the BSE AUTO Index is at 15,820 (down 2.5%).
Among the top losers in the BSE AUTO Index today are FORCE MOTORS (down 5.1%) and EICHER MOTOR (down 5.4%).
M&M (up 0.5%) is among the top gainer today.
Over the last one year, FORCE MOTORS has moved down from Rs 1,678 to Rs 1,090, registering a loss of Rs 588 (down 35.0%)..
The BSE AUTO has moved down from 19,505 to 15,820, loss of 3,685 points (down 18.9%) during the last 12 months.
The top gainers among the BSE AUTO Index stocks during this same period were BALKRISHNA INDUSTRIES (up 19.1%) and MRF LTD. (up 15.1%).
DISCOVER: How to Potentially Multiply Your Returns by Upto 5x...
The BSE Sensex is at 38,792 (down 1.7%). The top gainers among the BSE Sensex stocks today are SUN PHARMA (up 2.8%). The most traded stocks in the BSE Sensex are SUN PHARMA and INFOSYS.
In the meantime, NSE Nifty is at 11,357 (down 1.6%). CIPLA (up 3.5%) and DR. REDDYS LAB (up 3.2%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 36,443 to 38,792, registering a gain of 2,349 points (up 4.2%).
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 13.4x. p >
What else is happening in the markets today? Dig in...
The week belonged to the bulls after bears ended the party in February. March started with gains for the bulls but historically, March has been a bears' month.
Indian share markets end lower with the Sensex down by 441 points and the Nifty ending down by 143 points.
GRINDWELL NORTON share price is trading down by 5% and its current market price is Rs 950. The BSE CAPITAL GOODS is down by 1.5%. The top gainers in the BSE CAPITAL GOODS Index are V GUARD INDUSTRIES (up 3.3%) and AIA ENGINEERING (up 0.3%). The top losers is GRINDWELL NORTON (down 5.1%).
ADITYA BIRLA CAPITAL share price is trading down by 5% and its current market price is Rs 131. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 7.3%) and MOTILAL OSWAL (up 5.9%). The top losers are ADITYA BIRLA CAPITAL (down 5.0%) and APOLLO HOSPITALS (down 5.2%).
HAVELLS INDIA share price is trading down by 5% and its current market price is Rs 1,163. The BSE CONSUMER DURABLES is down by 0.7%. The top gainers in the BSE CONSUMER DURABLES Index are BLUE STAR (up 1.7%) and CROMPTON GREAVES CONSUMER ELEC. (up 1.3%). The top losers is HAVELLS INDIA (down 5.1%).
BALMER LAWRIE share price is trading down by 5% and its current market price is Rs 148. The BSE 500 is down by 1.1%. The top gainers in the BSE 500 Index are TV18 BROADCAST (up 6.8%) and MOTILAL OSWAL (up 6.1%). The top losers are BALMER LAWRIE (down 5.0%) and APOLLO HOSPITALS (down 5.5%).
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.
An Indian company founded three decades ago in a garage caught my attention...
In this episode of the Investor Hour, India's #1 trader, Vijay Bhambwani, talks to us about the stock market, his new targets for gold and silver, the best long-term investment opportunity, and a lot more.
More
Equitymaster requests your view! Post a comment on "FORCE MOTORS Plunges by 5%; BSE AUTO Index Down 2.5%". 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!