Force Motors Ltd. saw a significant boost in its stock price today, rising 17.07% to ₹7,475.00 on the NSE as of 9:22 AM. The stock opened at ₹7,224.00, reaching an intraday high of ₹7,573.00 and a low of ₹7,099.90, following its previous close at ₹6,384.95.
This impressive rally comes after Force Motors reported strong quarterly results for Q2 FY24-25, particularly on a year-over-year basis:
- Net Sales/Income from Operations: ₹1,941.33 crore in Q2 FY24-25, up from ₹1,801.68 crore in the same quarter last year, marking a YoY growth of approximately 7.8%.
The positive earnings and revenue growth have bolstered investor confidence, reflecting optimism in Force Motors’ performance and future outlook.
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