Shares of Force Motors fell by 7% after the company reported a sharp 77.62% decline in export sales for March 2025. The Indian automotive major sold just 94 units overseas compared to 420 units in March 2024, raising investor concerns about its international market performance.
Despite the export slump, Force Motors posted strong domestic sales growth. The company sold 3,606 units in India last month, marking an 11.02% year-on-year increase from 3,248 units in March 2024. This reflects robust demand for its Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles (UV), and SUVs in the domestic market.
Overall, combined sales (domestic + exports) for March 2025 reached 3,700 units, up slightly from 3,668 units a year earlier—translating to a modest 0.87% growth.
Force Motors shares opened at ₹8,050 and hit a high of ₹8,413.90 during the day, with no movement below the opening price. The stock remains below its 52-week high of ₹10,277.85 but well above its 52-week low of ₹6,125.00.
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