FORCE MOTORS LTD Share Price Today

Techno Funda Ratings

RS Rating
36
Moderate
EPS Rating
86
Strong
A/D Rating
D
Weak

Key Metrics

Current Price

₹18505

Market Cap

₹ 24,039 Cr.

Stock P/E

22.8

ROE

29.2 %

RSI

50.97

Trend

Bearish

Share Price Chart

Technical Commentary

Force Motors Ltd currently shows Bearish momentum based on moving averages, RSI behavior, earnings strength and institutional accumulation activity. The stock currently has an Accumulation Distribution Rating of D, a Relative Strength Rating of 36 and an EPS Rating of 86. TI65 trend indicator currently remains Bearish.

Buy or Sell Analysis

Symmetric Breakout Squeeze Play (Neutral / Monitor Closely). Force Motors Ltd is locked in a tight, compressed congestion zone, trading within a razor-thin 1.5% margin of its 50-day moving average (18756.64). This tight price convergence, coupled with a completely balanced RSI signature of 50.97, indicates a near-perfect equilibrium between buyers and sellers. Corporate valuation variables (Stock P/E: 22.8, ROE: 29.2%) are balanced, meaning the stock is coiled and awaiting a fresh structural catalyst. Volatility contraction patterns like this typically precede a massive, high-volume directional breakout. Active breakout traders should remain neutral, preserve cash, and set price alerts just beyond immediate resistance ceilings (R1) or support floors (S1) to catch the next major expansion wave.

Company Overview

Force Motors Ltd was established in 1958, is the flagship company of the Abhay Firodia group. The company is in the business of manufacturing fully vertically integrated small and light CVs, multi-utility vehicles, and agricultural tractors, which it supplies to various countries in the Middle East, Asia, Latin America, and Africa. It was known as Bajaj Tempo till 2005 [1]

Force Motors Ltd share price remains one of the actively tracked stocks on NSE among traders and long term investors.

The latest Force Motors Ltd share price NSE movement reflects ongoing investor interest driven by company fundamentals, sector performance and broader market sentiment.

From a technical analysis perspective, the Force Motors Ltd share price chart currently indicates a Bearish trend based on moving averages and RSI momentum analysis.

Technical Analysis

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IndicatorValue
Current Price18505
RSI (14)50.97
50 DMA18756.64
200 DMA19427.66
TrendBearish
A/D RatingD
RS Rating36
EPS Rating86
TI650.94
TI65 TrendBearish

Pivot Points Analysis

Daily pivot points for FORCE MOTORS LTD calculated using previous trading session data. These levels help traders identify intraday support, resistance and breakout zones using Classic Pivot Point methodology.

Classic Pivot Points

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LevelValue
R3₹19082
R2₹18903
R1₹18704
PP₹18525
S1₹18326
S2₹18147
S3₹17948

Financial Ratios

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MetricValue
Market Cap₹ 24,039 Cr.
Current Price₹ 18,244
High / Low₹ 26,486 / 14,911
Stock P/E22.8
Book Value₹ 3,183
Dividend Yield0.22 %
ROCE36.1 %
ROE29.2 %
Face Value₹ 10.0

Quarterly Results

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QuarterSalesProfitOPM
Mar 20231,4901478%
Jun 20231,4886912%
Sep 20231,8029412%
Dec 20231,6928513%
Mar 20242,01114014%
Jun 20241,88511613%
Sep 20241,94113514%
Dec 20241,88911512%
Mar 20252,35643514%
Jun 20252,29717614%
Sep 20252,08135117%
Dec 20252,12940618%
Mar 20262,55027916%

Shareholding Pattern

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HolderHolding
Promoters 61.06%
FIIs 5.77%
DIIs 2.65%
Public 30.53%
No. of Shareholders46,166

Pros and Cons

Pros

  • Healthy return on equity of 29.2% indicating strong capital allocation efficiency.

Cons

  • Primary trend direction remains weak, stuck underneath major defensive supply barriers.

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Frequently Asked Questions

What is the current technical trend and RSI for Force Motors Ltd share?

Based on the latest closing data, the technical momentum for Force Motors Ltd is currently evaluated as Bearish. The stock is exhibiting an RSI (14) of 50.97, indicating it is trading in a neutral balanced zone. Key tracking supports are currently located near the daily pivots, with price relative to the 50 DMA (18756.64) defining immediate multi-day trend patterns.

What are the key resistance and support pivot points for Force Motors Ltd?

According to Classic Pivot Point methodologies, the core trading floor for Force Motors Ltd today centers at a Pivot Point (PP) of ₹18525. Upside resistance challenges are calculated at R1: ₹18704, R2: ₹18903, and R3: ₹19082. Conversely, if selling pressure intensifies, immediate floor support targets are positioned at S1: ₹18326, S2: ₹18147, and S3: ₹17948.

How does the fundamental ROE and P/E ratio look for Force Motors Ltd?

Force Motors Ltd is currently trading with a valuation metrics context of a Stock P/E of 22.8, against a core structural efficiency Return on Equity (ROE) standing at 29.2 %. This fundamental operational efficiency baseline is coupled with an EPS Rating of 86, allowing investors to track how corporate profitability trends align with current price discovery cycles on the National Stock Exchange (NSE).

Should I buy or sell Force Motors Ltd shares based on corporate rankings?

Our dynamic trade matrix suggests a status of: Symmetric Breakout Squeeze Play (Neutral / Monitor Closely). Force Motors Ltd is... For long-term portfolios, decision-making should match the stock's market performance profile, which currently displays an institutional Accumulation/Distribution (A/D) grade of D, a Relative Strength (RS) ranking of 36, and long-term trend backing from the TI65 indicator (Bearish pattern).

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