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Force Motors Ltd reports 5.38% YoY drop in August 2019 sales

Posted On: 2019-09-05 15:35:07

Force Motors Ltd has announced the production, sale and export of the products manufactured by the Company during the month of August 2019.

The company has reported total sales of 1971 units during August 2019, as compared to 2551 units in July 2019 and 2083 units in August 2018, a MoM drop of 22.74% and YoY drop of 5.38%.

The company has reported production of 1505 units of Small Commercial Vehicles (SCV) & Light Commercial Vehicles (LCV) during August 2019 and 866 units of Utility Vehicles (UV), Sports Utility Vehicles (SUV) & Tractors.

Domestic sales of Small Commercial Vehicles (SCV) & Light Commercial Vehicles (LCV) was at 1159 units in August 2019 and 771 unitss of Utility Vehicles (UV), Sports Utility Vehicles (SUV) & Tractors.

Exports sales of Small Commercial Vehicles (SCV) & Light Commercial Vehicles (LCV) was at 35 in August 2019 and 6 units of Utility Vehicles (UV), Sports Utility Vehicles (SUV) & Tractors.

Shares of FORCE MOTORS LTD. was last trading in BSE at Rs.1184.75 as compared to the previous close of Rs. 1179.5. The total number of shares traded during the day was 8445 in over 913 trades.

The stock hit an intraday high of Rs. 1207 and intraday low of 1179.5. The net turnover during the day was Rs. 10019614.


Source: Equity Bulls

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