Force Motors' Stock Sees Significant Increase, Outperforms Sector and Sensex

Oct 30 2024 09:30 AM IST
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Force Motors' stock has seen a significant increase in its stock price on October 30, 2024, outperforming the sector and the Sensex. MarketsMojo has given a 'Hold' call for the stock, which has shown a mixed trend in terms of moving averages and high volatility. Investors are advised to do their own research before making any decisions.

Force Motors, a leading player in the auto-truck industry, has seen a significant increase in its stock price on October 30, 2024. The company's stock has gained 17.94%, outperforming the sector by 15.24%. This positive performance has led MarketsMOJO to give a 'Hold' call for the stock.

The stock opened with a gain of 13.64% today and touched an intraday high of Rs 7570, which is a remarkable 18.65% increase. However, the stock has also been highly volatile today, with an intraday volatility of 38.82%. This volatility has been calculated from the weighted average price.

In terms of moving averages, Force Motors' stock is currently higher than its 5-day, 20-day, 50-day, and 200-day moving averages. However, it is lower than its 100-day moving average. This indicates a mixed trend for the stock.

In comparison to the Sensex, Force Motors' stock has performed exceptionally well in the past 1 day, with a 17.16% increase, while the Sensex has seen a -0.25% decrease. In the past 1 month, the company's stock has seen a slight decrease of -0.15%, while the Sensex has seen a -4.90% decrease.

Overall, Force Motors' stock has shown a strong performance in the past day, outperforming the sector and the Sensex. However, it is important to note that this article is based on facts and does not include any external data or sources. Investors are advised to do their own research and make informed decisions.
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