India's Force Motors soars after higher Q1 profit

Force Motors

30/07/2024 10:46

** Shares of automaker Force Motors Ltd  FORC.NS  up 7.8% at
686.05 rupees
    ** Stock on track for best day since April 19; rises as much
as 11.4% after reporting Q1 profit jump on higher demand
    ** Around 363,000 shares traded, 19.3x 30-day avg volume
    ** Stock extends YTD gains to 2.8x vs auto stocks'
 .NIFTYAUTO  40% rise this year


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))