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Force Motors bulk deal: BNP Paribas sells shares worth Rs 122 crore in multibagger stock

by FeeOnlyNews.com
7 months ago
in Business
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Force Motors bulk deal: BNP Paribas sells shares worth Rs 122 crore in multibagger stock
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French multinational bank BNP Paribas sold 65,610 equity shares worth Rs 122 crore in Force Motors via a bulk deal on Friday. The shares were sold at a price of Rs 18,581.1 apiece, a 2% discount from the Thursday closing price of Rs 18,952.10.

Force Motors shares today ended with 2% decline at Rs 18,555.55 on the BSE.

Force Motors is a smallcap company with a market capitalisation of Rs 24,183.26 crore. The stock has delivered multibagger returns of 167% in the past one year.

The shares of Force Motors are trading above their 50-day and 200-day simple moving averages (SMAs) of Rs 18,433.9 and Rs 11,339, respectively according to Trendlyne data.

The stock has displayed high volatility with a 1-year beta of 1.4.

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Force Motors reported a consolidated net profit of Rs 176 crore in the quarter ended June 30, 2025 which was 52% up from Rs 116 crore reported in the year ago period. Company’s total revenues stood at Rs 2,322 crore in the said quarter, gaining 22% over Rs 1,900 crore in the corresponding quarter of the last financial year.Force Motors is a fully integrated automobile company specialising in the engineering, development and manufacture of vehicles, aggregates and components. With five manufacturing units across India, Force Motors offers a diverse product range spanning from light commercial vehicles to multi-utility vehicles and super specialty vehicles. The company operates with a network of over 300+ sales and service touchpoints across India. The company exports its vehicles to the Middle East and Gulf, Asia, Latin America and Africa.Also Read: Norges Bank adds multibagger Cartrade Tech, 2 more smallcaps in Rs 209 crore worth bulk deals

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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