Shares of Force Motors surged 3% in Monday’s trading session following the release of its April 2025 sales data, which highlighted a strong uptick in domestic performance. As of 9:51 AM, the shares were trading 3.14% higher at Rs 10,378.50.
The company reported domestic sales of 3,210 units in April 2025, marking a robust 41.53% increase compared to 2,268 units sold in April 2024. This growth was driven by steady demand across its Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and Sports Utility Vehicles (SUV) segments.
However, export sales saw a steep decline, dropping 87.36% year-on-year. Force Motors exported just 45 units in April 2025, compared to 356 units in the same month last year. The company has not yet detailed the reasons for this significant drop in export volumes.
Despite the export weakness, overall sales (domestic and export combined) stood at 3,255 units for April 2025 — up 24.05% from 2,624 units in April 2024.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
