Latest news with #ForceGurkha
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Business Standard
16 minutes ago
- Automotive
- Business Standard
Smallcap auto stock soars 20%; zooms 216% thus far in CY25. Do you own?
Force Motors share price today Shares of Force Motors hit a new high of ₹20,563, soaring 20 per cent on the BSE in Thursday's intra-day trade in an otherwise subdued market after the company reported healthy June quarter earnings (Q1FY26). In comparison, the BSE Sensex was down 0.28 per cent at 82,492 at 10:02 AM. In the past one month, the stock price of Force Motors has rallied 50 per cent, as compared to 0.54 per cent rise in the BSE Sensex. Thus far in the calendar year 2025 (CY25), the stock price of the smallcap automobile company has zoomed 216 per cent, as against 5 per cent gain in the benchmark index. Force Motors Q1 results For Q1FY26, Force Motors reported 54 per cent year-on-year (YoY) jump in standalone profit before tax (PBT) at ₹286.54 crore. The company had posted PBT of ₹185.66 crore in the same quarter last fiscal. Revenue from operations grew 21.9 per cent YoY at ₹2,297 crore. Profit after tax increased 55 per cent to ₹185.22 crore from ₹119.59 crore. In Q1FY26, the company's domestic sales jumped 26.14 per cent to 9,013 units, as against 7,145 units sold in Q1FY25. What's driving the stock price of Force Motors? Since March 27, the stock price Force Motors has appreciated by 135 per cent after the company in an exchange filing said it has to deliver 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) to the Indian Defence Forces. These vehicles are tailored to meet the diverse operational requirements of both the Indian Army and the Indian Air Force, showcasing Force Motors' capability to deliver mission-ready vehicles designed to perform in demanding defence environments, Force Motors said. Force Motors has been catering to the defence sector for many years through its Gurkha LSV (Light Strike Vehicle), a vehicle renowned for its durability, off-road prowess, and adaptability. Force Motors - Outlook Force Motors' leading position in the domestic light commercial vehicle (LCV) passenger segment, presence across multi-utility vehicles (MUVs) and sports utility vehicle (SUVs) segments, and well-established position in the automotive component business with long standing relationships with reputed original equipment manufacturers (OEMs) resulting in a diversified revenue stream. The company focuses on the niche passenger segment of LCV. In the LCV school bus and ambulance segment, the company has a market share of 70-75 per cent. Force Motors will continue to benefit from its niche positioning in the automotive OEM market, supported by the steady launch of new products and variants and rise in demand in the LCV segment, according to Crisil Ratings. The company's brands include 'Urbania' in the LCV segment, 'Traveller' in the PV, school bus, ambulance and delivery van segments; 'Trax' in the UV, ambulance and delivery van segments; and 'Gurkha' and 'Citiline' in the UV segment. Healthy cash generation and prudent funding of capex will ensure the debt protection metrics remain at healthy levels. About Force Motors Force Motors is a fully integrated automobile company, specialising in the engineering, development, and manufacture of vehicles, aggregates, and components. Force Motors' formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa. Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz vehicle made in India is powered by an engine produced at Force Motors in Chakan Pune.
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Business Standard
09-07-2025
- Automotive
- Business Standard
These 2 smallcap auto stocks zoom up to 215% from calendar year 2025 lows
SML Isuzu, Force Motors share price Shares of SML Isuzu (up 14 per cent at ₹3,250) and Force Motors (up 11 per cent at ₹16,976.30) hit their respective new highs, as they rallied sharply on the BSE in Wednesday's intra-day trade. In comparison, the BSE Sensex was trading flat at 83,711 at 01:15 PM. The stock price of these smallcap automobile companies have zoomed by up 215 per cent from their respective lows touched in calendar year 2025. Share price of SML Isuzu has surged 215 per cent from a low of ₹1,030.90 on February 28, 2025. The stock price of Force Motors has soared 177 per cent from ₹6,128.25 on January 28, 2025. What's driving SML Isuzu, Force Motors stocks? SML Isuzu on Tuesday informed BSE that the meeting of the board of directors of the company is scheduled on July 22, 2025, to consider and approve unaudited financial results of the company for the first quarter ended on June 30, 2025 (Q1FY26). For Q1FY26, SML Isuzu reported a 12.5 per cent year-on-year (YoY) jump in total vehicle sales of 4,926 units compared to 4,379 units in the corresponding period last year. Cargo vehicle sales during this three-month period surged 46.3 per cent YoY to 1,282 units from 876 units, while passenger vehicle sales grew 4.0 per cent to 3,644 units from 3,503 units. Meanwhile, Mahindra & Mahindra (M&M) on April 26, 2025, said it entered into an agreement to acquire 58.96 per cent stake in SML Isuzu at ₹650 per share, which is an outlay of ₹555 crore. In addition, M&M made an open offer for acquisition of up to 26 per cent stake from eligible public shareholders of SML Isuzu in accordance with the SEBI Takeover Regulations. The open offer was opened on June 19, 2025 and closed on July 2, 2025. M&M said the acquisition will enable the company to strengthen its presence in the trucks and buses segment by unlocking operational synergies, enhancing product development capabilities, and expanding market reach. It supports the company's long-term growth vision in the commercial vehicle industry. Meanwhile, Force Motors on March 27 said it has to deliver 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) to the Indian Defence Forces. These vehicles are tailored to meet the diverse operational requirements of both the Indian Army and the Indian Air Force, showcasing Force Motors' capability to deliver mission-ready vehicles designed to perform in demanding defence environments, Force Motors said. Force Motors has been catering to the defence sector for many years through its Gurkha LSV (Light Strike Vehicle) , a vehicle renowned for its durability, off-road prowess, and adaptability. Force Motors focuses on the niche passenger segment of light commercial vehicles (LCV). In the LCV school bus and ambulance segment, the company has a market share of 70-75 per cent. The company will continue to benefit from its niche positioning in the automotive original equipment manufacturer (OEM) market, supported by the steady launch of new products and variants and rise in demand in the LCV segment. Force Motors brands include 'Traveller' in the passenger vehicle (PV), school bus, ambulance and delivery van segments; 'Trax' in the UV, ambulance and delivery van segments; and 'Gurkha' and 'Citiline' in the UV segment. Force Motors' formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa. Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz vehicle made in India is powered by an engine produced at Force Motors in Chakan Pune.
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Business Standard
12-06-2025
- Automotive
- Business Standard
Force Motors zooms 106% in 5 months. What's driving stock to hit new high?
Force Motors share price today Shares of Force Motors hit a new high of ₹13,145.70, as they rallied 9 per cent on the BSE in Thursday's intra-day trade in an otherwise weak market owing to a healthy business outlook. The stock price of this smallcap automobile company surpassed its previous high of ₹12,902.95 touched on June 6, 2025. At 01:17 PM; Force Motors quoted 8 per cent higher at ₹13,120.45, as compared to 0.4 per cent decline in the BSE Sensex. In the past five months, the market price of the company more-than-doubled or zoomed 106 per cent from a level of ₹6,384 on January 13, 2025. What's driving Force Motors stock price? Since March 27, 2025, the stock price of Force Motors has appreciated by nearly 50 per cent after the company in an exchange filing said it has to deliver 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) to the Indian Defence Forces. These vehicles are tailored to meet the diverse operational requirements of both the Indian Army and the Indian Air Force, showcasing Force Motors' capability to deliver mission-ready vehicles designed to perform in demanding defence environments, Force Motors said. Force Motors has been catering to the defence sector for many years through its Gurkha LSV (Light Strike Vehicle) , a vehicle renowned for its durability, off-road prowess, and adaptability. Force Motors records exceptional income of ₹394.57 crore in Q4 In the January to March 2025 quarter (Q4FY25), Force Motors reported an exceptional income of ₹394.57 crore, being government Incentives, as per the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010, recognised on the basis of sanctioned orders dated February 21, 2025, and received in March, 2025, for FY 2022-23 and FY 2023-24. Out of the said sanctioned amount of ₹394.57 crore, Force Motors said the company received disbursement amounting to ₹294.57 crore. Defence sector outlook Defence Secretary Rajesh Kumar Singh has said that contracts worth around ₹2 trillion are expected to be signed in FY26, aiming to match FY25's record contract value of ₹2.09 trillion crore. Of the 193 contracts signed in FY25, 92 per cent were awarded to Indian firms, reaffirming self-reliance and its preference for domestic manufacturing. Singh emphasized that imports should be rare, with technology transfer and Indian production being the norm - even for foreign OEMs seeking Indian contracts. ICICI Securities in note said that the brokerage firm also believes that total defence contracts during FY26 will easily touch ₹2 trillion or may surpass this value, considering that some large scale contracts are in advanced stages and likely to be placed this year. About Force Motors Founded in 1958, Force Motors began its journey with an aim to provide affordable, reliable, and efficient transportation to the masses. Today, it stands as a fully integrated automobile company, specialising in the engineering, development, and manufacture of vehicles, aggregates, and components. Force Motors' formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa. Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz vehicle made in India is powered by an engine produced at Force Motors in Chakan Pune.
Hindustan Times
30-05-2025
- Automotive
- Hindustan Times
Watch: Stock Mahindra Thar wades through flooded streets in a viral video
The Mahindra Thar can wade through 650 mm of water, a stock model recently waded through flooded roads in a viral video. The Mahindra Thar gets an official water wading capacity of 650 mm. (Pala Town/Instagram) Notify me In a viral video recently uploaded on social media, a white coloured Mahindra Thar is seen wading through a flooded section of road. The surprising thing is the SUV is stock without a snorkel or any other intake modification. The SUV's hood is almost completely submerged in the water as it goes through without any tantrums. Check out the video below: Mahindra states that the stock Thar has a water wading capability of 650 mm ( 0.65 meters). However, the water level should not exceed the grille height. The engine requires air for proper operation. It utilises designated air intakes to draw in air, essential for the functioning of an engine. This system includes an air filter box and a rectangular opening leading to the engine's intake manifold. When navigating through heavily flooded roads, it's possible for water to enter the engine bay and be drawn into the engine. This can interfere with the combustion process, potentially causing the engine to stall due to piston seizure, a situation known as 'hydrolock'. Additionally, the vehicle's electrical components may also be impacted in these circumstances. Mahindra Thar: Pricing and rivals The Thar is a lifestyle SUV from Mahindra, known for its off-road capabilities. Its price ranges from ₹ 13.16 lakh to ₹ 17.62 lakh (ex-showroom), competing with models like the Maruti Suzuki Jimny and Force Gurkha. Mahindra Thar: Engine options and features Under the hood, the SUV gets both petrol and diesel engine options. One is a 2-litre mStallion turbo petrol with direct injection (TGDi) which produces 150 bhp of power and 300 Nm of torque in the manual and 320 Nm of torque in the automatic transmission. The second is a 1.5-litre mHawk turbo diesel with CRDe making 117 bhp of power and 300 Nm of torque. The diesel engine is a 2.2-litre mHawk turbo diesel with CRDe churning out 130 bhp of power and 300 Nm of peak torque. It comes mated to both manual and automatic transmission options. The SUV gets modern features such as a 7-inch touchscreen infotainment system and wired Android Auto and Apple CarPlay. Check out Upcoming Cars in India 2024, Best SUVs in India. First Published Date: 30 May 2025, 12:35 PM IST
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Business Standard
02-05-2025
- Automotive
- Business Standard
Smallcap auto stock soars 12%, nears record high; what's behind the rally?
Force Motors share price today Shares of Force Motors, a leading manufacturer of rugged and reliable vehicles, moved higher by 12 per cent to hit a fresh 52-week high of ₹9,991 on the BSE in Friday's intraday deals after the company reported a healthy operational performance in the March 2025 quarter (Q4FY25). Stock price of the smallcap automobile company surpassed its previous high of ₹9,885.05, which it had touched on May 6, 2024. It has bounced back 61 per cent from its February low of ₹6,210.55, hit on the BSE. Meanwhile, the stock had hit an all-time high of ₹10,272.65 on April 29, 2024. Force Motors Q4 results: For the January to March 2025 quarter (Q4FY25), Force Motors' reported profit before exceptional items and tax increased by 27.2 per cent year-on-year (Y-o-Y) and 56 per cent quarter-on-quarter (Q-o-Q) to ₹268.11 crore. Revenue from operations grew 17 per cent Y-o-Y and 24.7 per cent Q-o-Q to ₹2,355.89 crore. Exceptional items in the quarter represented exceptional income of ₹394.57 crore, being Government Incentives, as per the Madhya Pradesh Industrial Investment Promotion Assistance Scheme, 2010, recognised on the basis of sanction orders dated February 21, 2025, received in March, 2025, for FY 2022-23 and FY 2023-24. Out of the said sanctioned amount of ₹394.57 crore, Force Motors said the company has received disbursement amounting to ₹294.57 crore. Force Motors to supply over 2,900 Force Gurkha vehicles to the Indian Defence Forces On March 27, 2025, Force Motors announced a landmark order of 2,978 vehicles from the Indian Defence Forces. The company has to deliver 2,978 Force Gurkha light vehicles (GS 4X4 800 kg Soft Top) to the Indian Defence Forces. The order was awarded by Directorate General of Capb, Devp (CD-13/14) General Staff Branch, IHQ of MoD (Army), New Delhi. These vehicles are tailored to meet the diverse operational requirements of both the Indian Army and the Indian Air Force, showcasing Force Motors' capability to deliver mission-ready vehicles designed to perform in demanding defence environments, the company said in an exchange filing. Force Motors has been catering to the defence sector for many years through its Gurkha LSV (Light Strike Vehicle) , a vehicle renowned for its durability, off-road prowess, and adaptability. About Force Motors Founded in 1958, Force Motors began its journey with an aim to provide affordable, reliable, and efficient transportation to the masses. Today, it stands as a fully integrated automobile company, specialising in the engineering, development, and manufacture of vehicles, aggregates, and components. Force Motors is a versatile automotive company with the capability to cater to diverse international markets by offering customized, country-specific solutions. Its formidable product range spans light commercial vehicles and multi-utility vehicles, and its export presence extends to the Middle East and Gulf region, Asia, Latin America, and Africa. Mercedes-Benz and BMW assigned Force Motors the responsibility of producing and testing engines for all cars and SUVs manufactured in India. Every Mercedes-Benz vehicle made in India is powered by an engine produced at Force Motors in Chakan Pune. Force MTU Power Systems Pvt. Ltd. is a joint venture between Force Motors and Rolls-Royce Power Systems AG. The venture specialises in producing 10 and 12-cylinder Series 1600 engines, ranging from 545 hp to 1050 hp, at its manufacturing facility in Chakan, Pune. These engines are supplied globally for power generation and underfloor rail applications.
