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Auto stock jumps 7% after receiving order to supply 2,900 vehicles to the Indian Defence Forces

Auto stock bagged a major defence order for 2,978 vehicles, showcasing its strength in producing rugged, mission-ready vehicles for India’s demanding military needs.
Auto stock won a defence order for 2,978 rugged vehicles for the Indian military.
Auto stock won a defence order for 2,978 rugged vehicles for the Indian military.

Introduction:

Auto stock secured a landmark defence order to supply 2,978 light vehicles, reinforcing its legacy in military mobility. The deal highlights its capability to deliver rugged, mission-ready vehicles tailored for extreme terrain and demanding operational requirements across India’s defence landscape.

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Share Price movement of Force Motors:

On March 28, 2025, Force Motors Ltd opened at ₹9,200.00, reached a high of ₹9,438.95, up 7% from its previous close of ₹8,788.05, with a low of ₹8,867.20. The stock is currently trading at ₹9,021.00, with a market cap of ₹11,756.99 Crores.

Force Motors received order:

Force Motors Limited receives a milestone order from Indian Defence Forces to supply 2978 Force Gurkha light vehicles. The order underlines the company’s significant contribution towards enhancing India’s defence mobility and marks a new milestone in its long-standing relationship with the armed forces.

The Force Gurkha vehicle is designed to meet the tough demands of the Indian Army and Air Force. It is rugged and can go off-road. It has a high ground clearance, a top water-wading capability, and is durable. It is ideal for a range of defense operations in difficult terrains.

Force Motors is a long time supporter of the defence sector. They have been supplying Gurkha LSVs for a long time. The new contract will be executed in multiple tranches over three years. This will only add to their market dominance. It will also reaffirm their reputation for delivering mission-ready vehicles engineered for extreme conditions and operational efficiency.

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Ace investor holding of Force Motors:

Vanaja Sundar Iyer holds a 1.41% stake in Force Motors Ltd, owning 186,262 shares valued at ₹168 crore. Her investment reflects strong confidence in the company’s automotive potential and defence sector contracts, positioning her among notable investors in India’s auto-manufacturing space.

Stock performance of Force Motors for Period of 1 week, 6 months and 1 year:

Force Motors stock rose 3.88% in the past week, reflecting short-term optimism. Over six months, it gained 15.2%, showing steady momentum. In one year, the stock delivered a solid return of 21.3%, indicating consistent performance and growing investor confidence in the company.

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Shareholding pattern of Force Motors:

All values in %Dec-24Sep-24Jun-24
Promoters61.6361.6361.63
FII8.157.897.78
DII0.90.921.02
Retail & others29.329.5629.57
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About Force Motors:

Force Motors Ltd (NSE: FORCEMOT) is a leading Indian automotive manufacturer known for producing commercial and utility vehicles. It supplies vans, tractors, and defence vehicles, including the rugged Gurkha. The company plays a key role in mobility solutions for industrial, agricultural, and defence sectors.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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