India's Force Motors up on rise in June production, sales

Force Motors

06/07/2023 07:21

** Shares of Force Motors  FORC.NS  rise as much as 6.2% to
2,648 rupees
    ** Co on Wednesday said that its June total domestic sales
at 2,431 units, up 21.4% from a year earlier
    ** Says total production up 7% from a year earlier at 2,394
units
    ** Stock above 50-, 100- and 200-day exponential moving avgs
since May 9
    ** Almost 124,000 shares change hands as of 11:43 a.m. IST
    ** Stock up nearly 80% YTD as of last close

 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com))