Force Motors - racing ahead!

Rajesh_Yadav · March 15, 2024, 2:54pm

Seems price hike coming upto 4% from 1.04.2024

Lavanya_Tomar · March 16, 2024, 4:56pm

https://www.financialexpress.com/business/express-mobility-electoral-bonds-auto-inc-contributed-rs-144-crore-ahead-of-ls-polls-3426775/

Rajesh_Yadav · March 17, 2024, 10:07am

FORCE MOTORS TRAX LIGHT STRIKE VEHICLE (LSV) SUPPLY TO INDIAN ARMY

Rajesh_Yadav · March 18, 2024, 7:46am

**Sales of Spartan EV 2.0 kicked off in UK by MW motors **

Rajesh_Yadav · March 19, 2024, 2:06pm

7 Force Motors Traveller deployed as Mobile Command and Control Centre (MCCC) by Chennai Police

These vehicles are to be used strategically during public gatherings, protests, and other critical events, as these vehicles are equipped to capture real-time video feeds of incidents for the right decision-making.

New Dealership of FM in Rajkot

A large fleet of URBANIA vehicles has been delivered to Infant’s Travels

harmeet_kumar · March 30, 2024, 6:33am

Force motors to shut down tractor business

Rajesh_Yadav · April 5, 2024, 5:42pm

Monthly Business Updates (March 2024)

Cumulative details:

Higest ever sales of 9118 vehicles.

Lavanya_Tomar · April 6, 2024, 12:39am

Also this time they released the data 24 hrs in advance

Rajesh_Yadav · April 20, 2024, 8:09am

Quarterly updates

Driving_Force_Apr_2024.pdf (3.2 MB)

Lavanya_Tomar · April 20, 2024, 10:32am

They have announced their results date for the year ended a month earlier than all the time they have done before. 26 Apr 24 it is. Last year it was on 29th May 23, and before that 27th May 22.

harmeet_kumar · April 24, 2024, 6:25am

any idea where this export sales is coming from?

Rajesh_Yadav · April 24, 2024, 1:37pm

Force Motors is exporting thier LCV to following countries:
Mauritius, Papua New Guinea, Uganda, South Africa, Nepal, Srilanka, Democratic Republic of the Congo, Dubai, UAE, Saudi Arabia, Tanzania and some of the regions of south and central America.

Country wise breakup of exports are not available. It’s exports are expected to rise during FY 2024-25, as they are focusing on exports also.

harmeet_kumar · April 25, 2024, 5:16am

Thanks so much for the response.
Yeah they seem to be adding new geographies like Nepal and central America ( Gautemala)

harmeet_kumar · June 10, 2024, 5:04am

Total sales down from May 2023 (2609) to 2523 in May 2024

value_learner · July 3, 2024, 3:58am

Thanks for info. Any idea why export numbers are sliding down!!

harmeet_kumar · July 3, 2024, 4:15am

gpillai · July 4, 2024, 3:02pm

The over all decline in sales continues
Domestic has improved but Exports have declined by 80% - Anyone having an idea about this kindly guide.

(disc: Booked profit, reinvested smaller qty)

Rajesh_Yadav · July 5, 2024, 1:45pm

I also don’t have any idea, they mostly rely for exports sales based on third party.

Now, not tracking anymore. I have booked completely.

gpillai · July 7, 2024, 4:25pm

Thank you. I’m thinking of exiting too. Im no where close to being a technical expert but this looks weak on the weekly chart.

MrMrHarsh · September 5, 2024, 12:26pm

Anyone who might have attended the AGM, can you please post the brief takeaways?