Force Motors stock climbed 3% after reporting a robust 46.28% year-on-year (YoY) increase in total sales for February 2025. The company sold 3,600 units, up from 2,461 units in February 2024, driven by strong domestic demand. As of 9:21 AM, the shares were trading 3.02% higher at Rs 7,370.15.
Domestic Sales Drive Growth
Domestic sales surged 48.81% to 3,521 units in February 2025, compared to 2,366 units in the same month last year. This growth was fueled by high demand for small commercial vehicles (SCV), light commercial vehicles (LCV), utility vehicles (UV), and sports utility vehicles (SUV).
A major boost came from an ongoing order by the Uttar Pradesh Government for 2,429 vehicles, of which 2,035 units have been delivered so far.
Exports See a Decline
While domestic sales thrived, export sales declined by 16.84%. Force Motors shipped 79 units in February 2025, down from 95 units a year ago.
Tractor Business Discontinued
The company also confirmed that it had officially exited the tractor business as of March 31, 2024. This strategic move allows Force Motors to focus on its core vehicle segments.
Force Motors’ stock opened at ₹7,301.10, reaching a high of ₹7,419.90 and a low of ₹7,301.00. The stock remains below its 52-week high of ₹10,277.85 but above the 52-week low of ₹5,822.95.
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