Shares of Force Motors Ltd surged 3.71% to ₹12,790 in early trade on June 5, following the company’s release of robust monthly sales data for May 2025. The stock opened higher and touched an intraday high of ₹12,800, up from the previous close of ₹12,333. The company’s market cap stood at ₹168.24 billion.

In its exchange filing, Force Motors reported a 24.46% year-on-year growth in domestic sales for Small Commercial Vehicles (SCVs), Light Commercial Vehicles (LCVs), Utility Vehicles (UVs), and Sports Utility Vehicles (SUVs), with 3,002 units sold in May 2025 compared to 2,412 units in May 2024.

However, the export numbers saw a sharp decline, with only 86 units shipped in May 2025 compared to 180 units in the same month last year—a 52.22% drop. Despite the weak export figures, the company’s overall (domestic plus export) vehicle sales stood at 3,088 units in May 2025, registering a 19.14% year-on-year growth.

Investors appeared to cheer the strong domestic performance, especially in the commercial and utility vehicle segments, as reflected in the stock’s early momentum.

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