Shares
of Force Motors Ltd continue to gain during the early afternoon hours of trade
on Thursday, on the back of Company’s production & sales data for the month
of June.
The
Company sold a total of 2,669 vehicles in June 2018 as against 2,466 vehicles
in June 2017, clocking growth of about 8% on Year-on-Year (YoY) basis. The Automaker’s
sales for the first quarter of FY19 increased 5% on YoY to 6,772 vehicles.
At
2:25 pm on Thursday, share price of Force Motors was quoting at Rs. 2,487.00
per share, up Rs. 90.25 or 3.77% on BSE. The scrip opened at Rs. 2,434 and
touched an intraday high of Rs. 2,510 per share on BSE. Meantime, BSE benchmark
was trading up 3.34 points to 35,648.74 and the NSE Nifty50 was up 2.30 points
to 10,772.20.
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