Force Motors Share Price: Automobile company Force has received a big order from the UP government. The company said in an exchange filing on December 2 that it has received a large order for 2429 ambulances from the Medical Health and Family Welfare Department of UP. All these ambulances will have BS-6 diesel engines. After this news came on Friday, there was a rush among investors to buy shares of Force Motors. As a result, the price of the company’s shares reached an intraday high of Rs 7639.70 with a bumper rise of 9.46%. With this the company’s shares reached their high of 8 weeks.
The share price kept rising and reached Rs 7639.70.
The company’s shares, which closed at Rs 7244.20 on Thursday, opened today with a decline at Rs 7206.85. But within no time vigorous buying of shares started and its price climbed to Rs 7639.70. However, this momentum did not last long. As soon as the prices rose, investors started selling shares for profit booking, due to which their prices suddenly came down rapidly. As of 12.02 pm, the company’s shares were trading at Rs 7456.65 with a gain of Rs 212.45 (2.93%).
Force Motors share price is much below 52 week high
Let us tell you that the share price of Force Motors is still far below its 52 week high. The 52 week high of Force Motors shares is Rs 10,272.65, while its 52 week low is Rs 3333.00. According to BSE data, the current market cap of the company is Rs 9718.18 crore. According to BSE, shares of Force Motors have risen by 12.93 percent in the last 1 week, 6.78 percent in the last 1 month, and 1.14 percent in the last 3 months. But, if we talk about the last 6 months, a decline of 16.81 percent has been registered.
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