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Old 7th August 2015, 10:27   #16
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Default Re: What's up with Force Motors? Share price up 5 times in a year!

PLease correct me if I am wrong , isnt force motors the segment leaders in the Ambulance , tourist van , school van segment or any other van segment ? There is no surprise that the sales have boosted up.
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Old 8th August 2015, 14:10   #17
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Force motors is developing an Auxiliary Power Unit for the recently inducted 155mm/45-calibre Dhanush howitzer for the Indian Army. Defence I'd definitely a sunrise sector with lots of ₹₹₹ for those with right capabilities under the Make in India push.

http://swarajyamag.com/biz/dhanush-1...-india-marvel/
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Old 12th August 2015, 13:53   #18
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Default Re: What's up with Force Motors? Share price up 5 times in a year!

Compared to yesteryears Force has done pretty well this year, This year sales and net profit was best compared to last 10 years. They managed to reduce their debt burden and also increase their reserves.

But Stock price reacted too much , Thanks to Bull market and ever ending Mutual fund marketing.

What's up with Force Motors? Share price up 5 times in a year!-tbhp1.jpg

Ignore the jaw dropping profit, which was an exceptional income ( i guess this helped them a lot to bring down the debt) . This income was part of demerger from MAN

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Between the Promoter group Jaya Hind Investments Pvt Ltd also holds substantial shares in Bajaj Auto Ltd.

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Old 12th August 2015, 18:46   #19
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Default Re: What's up with Force Motors? Share price up 5 times in a year!

Quote:
Originally Posted by C4CAR View Post


Between the Promoter group Jaya Hind Investments Pvt Ltd also holds substantial shares in Bajaj Auto Ltd.
Not many years ago, Force Motors was actually called BAJAJ TEMPO.
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