India's Force Motors up on Q4 sales jump

Force Motors

06/05/2024 07:09

** Shares of Force Motors  FORC.NS  rise 2.2% to 9,712.7
rupees
    ** The automaker said on Friday its domestic and export
sales of commercial and utility vehicles rose 43.54% Y/Y in
April
    ** FORC trading above its 100-day and 200-day simple moving
averages since May 2023
    ** Stock had gained ~32% in April
    ** FORC up 190% so far in 2024 vs a 21.2% rise in the Nifty
Auto Index  .NIFTYAUTO  


 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))