FORCE MOTORS share price has zoomed 5% and is presently trading at Rs 2,599.
Meanwhile, the BSE AUTO Index is at 24,516 (up 0.9%).
Among the top Gainers in the BSE AUTO Index today is FORCE MOTORS (up 5.1%).
BAJAJ AUTO (down 0.2%) and TVS MOTORS (down 0.4%) are among the top losers today.
Over the last one year, FORCE MOTORS has moved down from Rs 3,921 to Rs 2,599, registering a loss of Rs 1,322 (down 33.9%).
On the other hand, the BSE AUTO has moved up from 23,987 to 24,516, registering a gain of 529 points (up 2.1%) during the last 12 months.
The top gainers among the BSE AUTO Index stocks during this same period were EXIDE INDUSTRIES (up 41.0%), M&M (up 40.4%) and ASHOK LEYLAND (up 22.9%).
REVEALED: How to Potentially Make Up to Tens of Thousands of Rupees Within a Few Hours...
The BSE Sensex is at 37,977 (up 0.8%).
The top gainers among the BSE Sensex stocks today are TATA STEEL (up 2.6%), KOTAK MAH. BANK (up 2.2%) and VEDANTA LTD (up 2.2%). Other gainers include ADANI PORTS & SEZ (up 2.0%) and YES BANK (up 1.8%). The most traded stocks in the BSE Sensex are SUN PHARMA and ITC LTD.
In the meantime, NSE Nifty is at 11,478 (up 0.8%). LUPIN LTD (up 3.1%) is among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 31,771 to 37,977, registering a gain of 6,206 points (up 19.5%).
FORCE MOTORS net profit stood at Rs 409 million for the quarter ended June 2018, compared to a profit of Rs 146 million a year ago. Net Sales rose 18.8% to Rs 8.9 billion during the period as against Rs 7.5 billion in April-June 2017.
For the year ended March 2016, FORCE MOTORS reported 76.8% increase in net profit to Rs 1.8 billion compared to net profit of Rs 1.0 billion during FY15.
Revenue of the company grew 32.1% to Rs 35 billion during FY16.
The current Price to earnings ratio of FORCE MOTORS, based on rolling 12 month earnings, stands at 21.6x. 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 5%; BSE AUTO Index Up 0.9%". 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!