India's Force Motors posts best intra-day gain in 1 mnth after Sept sales data

Force Motors

04/10/2022 10:09

** Shares of automobile co Force Motors  FORC.NS  rise as
much as 7.19% to 1,302.90 rupees, mark sharpest intraday gain
since Aug. 30
    ** Stock hits highest level since Sept. 23
    ** Co's September output stood at 2,582 units, with sales of
2,401 units in domestic market and export of 227 units   
 urn:newsml:reuters.com:*:nFWN3150MO
    ** More than 56,000 shares change hands by 0841 GMT vs
30-day avg of 92,162 shares
    ** One analyst covering the stock has a "strong buy" rating;
median PT is 1,625 rupees - Refinitiv data
    ** Stock down 2.84% YTD, as of last close
 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))