17499.5000 -67.30 (-0.38%)
BSE Oct 20, 2025 15:31 PM
Volume: 5,861
 

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Force Motors Ltd.
12 May 2017
17499.50
-0.38%
HDFC Securities
Force Motors (FML) 4Q numbers were marked by better operational performance (despite revenue being below estimates from the sub-contracting business). The trajectory of margin recovery (at 11% vs exp of 8.4% QoQ) was encouraging. EBITDA at Rs 919mn (-14% YoY, 218% QoQ), benefitted from lower `other operating expenses (-102bps YoY).
Force Motors Ltd. has gained 101.34% in the last 6 Months
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