Why is Force Motors falling/rising?
As of 01-Aug, Force Motors Ltd's stock price is Rs 16,711.25, down 1.38% and has declined 8.27% over the last four days due to reduced investor participation. Despite strong long-term growth, the stock is currently underperforming relative to its sector and moving averages, indicating a bearish trend.
As of 01-Aug, Force Motors Ltd is experiencing a decline in its stock price, currently at Rs 16,711.25, which reflects a decrease of Rs 233.6 or 1.38%. The stock has been underperforming, having fallen for the last four consecutive days, resulting in a total decline of 8.27% during this period. Additionally, the stock's performance today underperformed its sector by 0.89%. Despite a strong long-term growth trajectory, with net sales increasing at an annual rate of 28.06% and operating profit at 89.46%, the recent price movement is influenced by a significant drop in investor participation, as evidenced by a 58.29% decrease in delivery volume compared to the five-day average. Furthermore, while the stock has shown impressive returns over the past year and three years, it is currently trading lower than its 5-day and 20-day moving averages, indicating a short-term bearish trend.In the broader market context, the stock's recent performance contrasts with the benchmark Sensex, which has seen a decline of only 1.06% over the past week. Force Motors has outperformed the Sensex significantly over longer periods, with a year-to-date return of 156.47% compared to the Sensex's 3.15%. However, the short-term underperformance relative to the benchmark, combined with falling investor participation and a recent trend of declining prices, suggests that market sentiment may be shifting. Despite the positive fundamentals and increasing institutional investor interest, the current market dynamics are contributing to the stock's downward movement.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
