Force Motors Share Price Target With a variety of passenger minivans, school buses, ambulances, and delivery vans available, Force Motors is a market leader in India’s van automobile segment. Having its headquarters in Pune, this automotive company was established in 1958 and distributes cars to nations in Africa, the Gulf, SAARC, and ASEAN. This essay will address the effects of Force Motors’ intentions to provide investors with a higher return on their investment, including the carmaker’s suggested transition to electric vehicles. Investors will be given predictions regarding the Force Motors Share Price Target 2025 and beyond in order to better comprehend the risk and reward aspects of the stock market.
Force Motors Latest News
Share Price of Force Motors If we as investors choose to focus on the bigger picture. The current market has not fallen too far. Nonetheless, in comparison to its prior close on Thursday of Rs 9.511 per share. The FORCEMOT NSE stock has dropped -42 points.
Force Motors Market Capitalisation: 12,596.37 Crores INR
Force Motors Reserves and Borrowings: 2,312.94 Cr INR and 381.77 Cr INR (March 2023) Respectively
Force Motors 52 Week High-Low: Rs 10,277.85 – Rs 1,299.00
Force Motors Share Price Target Stock Informations
The two biggest automakers in India that produce and market commercial vehicles are Ashok Leyland and SML Isuzu, and they represent the primary rivalry for Force Motors. Tata Motors is a formidable rival of Force Motors, but the portfolio comparison makes it difficult to include them together. Tata Motors leads the Indian market in truck manufacture, whereas Force Motors leads the market in vans. In India, Ashok Leyland is a significant player in the commercial vehicle market. Isuzu is a relatively new automobile business in India, with a lower market capitalization than Ashok Leyland or Force Motors.
The company does have an opportunity to build on its success and penetrate other automotive segments thanks to Force Motors’ position in the Van Automotive segment. How to change its current infrastructure to produce electric vehicle versions of automobiles will be a problem for Force Motors. The chance is in demonstrating to the market that you are making a serious effort to commit to zero-emission targets. In the near future, this may draw additional investors willing to spend money into the Force Motors share price.
Force Motors has declared that it would invest between Rs 200 and Rs 300 crores in the Traveller Electric Model in India over the course of the next three to four years in order to transition its product line towards electric vehicles.
Together with Gurkha, non-passenger transport vehicles are also expected to transition to zero-emission cars.
In the fiscal year 2023, Force Motors’ revenue climbed from Rs 32.40 billion to Rs 50.29 billion, a 55.20% increase. Following the terrible COVID-19 period of revenue collection, Force Motors revenue is back on track.
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FAQs
What is the NSE Force Motors Share Price Target 2024?
The range of Force Motors’ share price target for 2024 is Rs 11,430 to Rs 8,550.
What is the Force Motors Share Price Target 2025?
The range of Force Motors’ share price target for 2025 is Rs 9,110 to Rs 13,920.
What is the Force Motors Share Price Target 2026?
The Force Motors share price target ranges from Rs 16,650 to Rs 10,718 in 2026.
What is the Force Motors Share Price Target 2027?
The range of Force Motors’ share price target for 2027 is Rs 19,042 to Rs 11,421.
What is the Force Motors Share Price Prediction 2030?
The Force Motors share price is expect to stay in the range of Rs 28,078 and Rs 13,720 in 2030.
