Why is Force Motors falling/rising?
As of 28-Aug, Force Motors Ltd's stock price is Rs 19,395.05, down 2.71% and has lost 11.41% over the past week. Despite recent declines, the company shows strong long-term growth and increased institutional investment, though short-term performance is weak compared to the broader market.
As of 28-Aug, Force Motors Ltd's stock price is currently at Rs 19,395.05, reflecting a decline of Rs 540.6 or 2.71%. The stock has been underperforming, having lost 11.41% over the past week and has experienced a consecutive fall for the last four days. Today's performance indicates that it underperformed its sector by 0.99%, with an intraday low of Rs 19,325, marking a decrease of 3.06%. Despite this recent downturn, the company has shown healthy long-term growth, with net sales increasing at an annual rate of 28.06% and operating profit growing significantly. Institutional investors have also increased their stake, indicating confidence in the company's fundamentals, which may provide some support against the recent price decline.In the broader market context, the stock's short-term performance contrasts sharply with the benchmark, as the Sensex has only declined by 2.34% over the same week. While Force Motors has generated impressive returns of 197.66% year-to-date and 135.73% over the past year, the recent negative momentum suggests a potential correction or profit-taking among investors. The significant drop in delivery volume, which has fallen by 50.2% against the five-day average, further indicates a decrease in investor participation, contributing to the stock's downward pressure. Overall, while the long-term outlook remains positive, the current short-term factors are leading to a decline in Force Motors' stock price.
{{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
