India's Force Motors falls on drop in sales in August

Force Motors

06/09/2024 07:23

** Shares of auto maker Force Motors  FORC.NS  shed 2.8% to
7,778.5 rupees apiece
    ** Auto and auto components maker logs a drop in total sales
in domestic and export markets in August
    ** FORC sees 23.82% year-on-year drop in total sales in
August to 2,299 units from 3,018 units 
    ** Domestic sales  across small- (SCV), light commercial
vehicles (LCV) and utility vehicles (UV) down 8.11% in August,
exports down 78.37%
    ** FORC shares up 132.2% this year so far - Exchange data

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))