Force Motors - racing ahead!

not sure why the momentum is gone in the stock

Excellent Q2, great december sales…attractive valuations, going to have great q3, yet not getting the momentum

Q3 will be muted quarter for the Company in comparison to previous quarter which is reflecting in the price movement…

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that is already known thing to everyone know, YOY will be extremely strong

Urbania delivery started in Nepal

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Force Motors marks a milestone in healthcare for the state of Tamil Nadu by delivering 75 vehicles
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I have been grappling with a question regarding the auto industry.
The thing i noticed is that most of the auto stocks are/were in upswing and PE is depressed ( eg Maruti, Tata etc) for all currently. Thus, does it point to cyclicality and topping of upcycles or does it mean that there’s ropeway now for investing at better valuation levels ?

Gurkha 4x4 Pre-production model

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details:

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FORCE MOTORS showcased E-Traveller Smart Citibus, CNG Traveller and Urbania premium in Bharat Mobility Expo 2024. :minibus:

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Two new dealerships coming in Sikar and Bhatinda

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Bharat Mobility Show: Force Motors to invest Rs 2000 crore in 2 years to 2025

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Force Motors plans to invest around Rs 2,000 cr in 3-4 years, to focus on EV development: MD Prasan Firodia, ET EnergyWorld.

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January Performance is in line with expectation.

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Q3_FY 2024 RESULT:


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Revenue is up unexpectedly, though it is good. Other income and Interest cost still remained almost stagnant, may be due to utilization of cash and borrowings (Q4 will give clear picture).

Joint Venture Force MTU still dragging the PAT.
EBITA Margins UP 13.26%.
Company reported profit in 4th consecutive quarter.
EPS for 9 months stands Rs.188/-.

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force motors in uncharted territory. whats next for this stock …can it cross 10k price .