Shares of Force Motors jumped 7% after the company announced a significant order of 2,978 General Service Vehicles from the Indian Defence Forces. This development reinforces Force Motors’ strong presence in the defence sector and its commitment to providing high-performance, mission-ready vehicles.
The newly secured order will cater to the diverse operational needs of both the Indian Army and Indian Air Force. Force Motors has a proven track record in manufacturing robust defence vehicles, with its Gurkha LSV (Light Strike Vehicle) being widely recognized for its superior off-road capabilities. The Gurkha boasts exceptional ground clearance, durability, and best-in-class water-wading capacity, making it ideal for challenging terrains, from deserts to mountainous regions.
Equipped with an advanced 4×4 drivetrain, the Gurkha LSV ensures unmatched maneuverability in extreme conditions. The latest order highlights Force Motors’ role in strengthening India’s defence capabilities with reliable and rugged mobility solutions.
Force Motors’ shares opened at ₹9,200 on Friday, reaching an intraday high of ₹9,425. The stock remains strong, trading near its 52-week high of ₹10,277.85, significantly above the 52-week low of ₹6,125.
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