update

Force Motors shines post July sales numbers.

• Force Motors, a Pune-based commercial vehicle maker, has reported the production, sales and export of the products manufactured by the company during the month of July 2014. The company’s production of Small Commercial Vehicles (SCV), Light Commercial Vehicles (LCV), Utility Vehicles & Sports Utility Vehicles (UV & SUV) and Tractors stood at 168 units, 1239 units, 808 units and 304 units respectively.
• Force Motors is a fully vertically integrated automobile company, with expertise in design, development and manufacture of the full spectrum of automotive components, aggregates and vehicles.
• The company’s domestic sales for SCV, LCV, UV & SUV and Tractor stood at 36 units, 1250 units, 684 units and 228 units respectively, while the company has exported 191 units of SCV, 30 units of LCV and 33 units of UV & SUV in month of July 2014.
• The promoters holding in the company stood at 56.54% while Institutions and Non-Institutions held 5.99% and 37.47% respectively.
• The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 625.00 on 11-Jun-2014 and a 52 week low of Rs. 225.00 on 07-Aug-2013.
• The scrip opened at Rs. 573.00 and has touched a high and low of Rs. 578.85 and Rs. 566.70 respectively. So far 34779 shares were traded on the counter.
• Last one week high and low of the scrip stood at Rs. 588.80 and Rs. 527.00 respectively. The current market cap of the company is Rs. 750.85 crore.
• Force Motors is currently trading at Rs. 570.00, up by 7.35 points or 1.31% from its previous closing of Rs. 562.65 on the BSE.