Force Motors Share Price History & Returns (2006 To 2024)
Show Table of Contents
Table of Contents
- 1: Force Motors Share Highlights
- 1.1: 52-Week High Low
- 1.2: All Time High
- 2: Short Info About Force Motors
- 3: Force Motors Recent Performance
- 4: Force Motors Share Price Chart From 2006 to 2024
- 5: Force Motors Share Price History Table From 2006 to 2024
- 6: Analyzing the Impact of Investing in Force Motors
- 6.1: Force Motors Share Returns In Last 5 Years
- 6.2: Force Motors Share Returns In Last 10 Years
- 6.3: Force Motors Share Returns In Last 15 Years
- 6.4: Force Motors Share VS FD (Normal) VS FD (Compounding)
Force Motors Share Highlights
As of Thu 14 Nov 2024, Force Motors Share price is ₹6,920 which is ₹3,357.84 below 52-week high of ₹10,277.84 and ₹3,567.65 above 52-week low of ₹3,352.35
52-Week High Low
- Force Motors 52-Week High is ₹10,277.84 occured on Mon 29 Apr 2024
- Force Motors 52-Week Low is ₹3,352.35 occured on Tue 13 Feb 2024
All Time High
- The all-time high or the highest price that Force Motors shares have ever touched was ₹10,277.84 and this occurred on Mon 29 Apr 2024.
- The highest closing price at which Force Motors shares have ever closed was ₹9,949.29 recorded on Wed 24 Apr 2024.
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Short Info About Force Motors
Force India Ltd.: A Versatile and Visionary Vehicle Manufacturer
Whenever it comes to travel involving a small group of 15 people, the usual choice for a single transport vehicle is a traveller. The manufacturer of the exact vehicle made another popular product which made the word tempo synonym for small goods carriers. Do you know the name of the company behind the famous brands? Its name is Force Motors Ltd., which has made its name due to the quality of vehicles it provides in several segments.
September 1958: Bajaj Tempo Motors was incorporated.
May 2005: The name of the company was changed to Force Motors Ltd.
May 2006: It got listed on the Indian stock market.
It is an Indian MNC that produces light commercial, small commercial, multiutility, sports utility, agricultural vehicles, etc. It has a vertically integrated business in the value chain, thus making its own component for its products. It operates two separate facilities for producing and testing engines & transmissions exclusively for BMW and Mercedes. It also entered into a JV with Rolls Royce Power Systems AG to create engines meant for power generation.
It provides its products in the domestic market & also exports to the Middle East, Asia, Latin America and Africa through its 4 manufacturing plants. Various indices have it as its constituent, such as the Nifty Total Market, S&P BSE Smallcap, etc.
It is a multi-bagger stock & has provided 18 times returns between November 2008 & October 2010. Let’s review the historical share price of Force Motors Ltd. to see how its investors grew their wealth in multiples.
Force Motors Recent Performance
Over the past 22 trading days, the value of Force Motors's stock has decreased by ₹179.89 (-2.53%). On 11 Oct 2024, its one share was worth ₹7099.89 and by 14 Nov 2024, the value dropped to ₹6920.00. During this period it created a highest high of ₹8088.00 and lowest low of ₹6150.00.
Below Image represents line chart of daily close price of Force Motors, helping you visualize how the price has changed day by day.
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Force Motors Share Price Chart From 2006 to 2024
Force Motors Share Price History Table From 2006 to 2024
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Year | Force Motors | YOY Chg% | ↑High - ↓Low |
---|---|---|---|
2006 | ₹403.55 | - | ↑ ₹775 ↓ ₹362 |
2007 | ₹312.60 | -22.6% | ↑ ₹470 ↓ ₹250 |
2008 | ₹78.15 | -75% | ↑ ₹326 ↓ ₹55.50 |
2009 | ₹286.55 | 266.6% | ↑ ₹346 ↓ ₹54.50 |
2010 | ₹918.40 | 220.5% | ↑ ₹1045 ↓ ₹254 |
2011 | ₹438.25 | -52.3% | ↑ ₹923 ↓ ₹387 |
2012 | ₹467.05 | 6.5% | ↑ ₹579 ↓ ₹405 |
2013 | ₹373.95 | -20% | ↑ ₹495 ↓ ₹225 |
2014 | ₹1075.10 | 187.4% | ↑ ₹1463 ↓ ₹281 |
2015 | ₹3097.00 | 188% | ↑ ₹3785 ↓ ₹1070 |
2016 | ₹3741.85 | 20.8% | ↑ ₹4839 ↓ ₹2180 |
2017 | ₹3691.50 | -1.4% | ↑ ₹4810 ↓ ₹2966 |
2018 | ₹1612.50 | -56.4% | ↑ ₹3799 ↓ ₹1580 |
2019 | ₹1084.90 | -32.8% | ↑ ₹1869 ↓ ₹951 |
2020 | ₹1361.15 | 25.4% | ↑ ₹1559 ↓ ₹580 |
2021 | ₹1252.05 | -8.1% | ↑ ₹1740 ↓ ₹1051 |
2022 | ₹1386.10 | 10.7% | ↑ ₹1622 ↓ ₹918 |
2023 | ₹3352.35 | 141.8% | ↑ ₹4180 ↓ ₹1085 |
2024 | ₹6920.00 | 106.4% | ↑ ₹6999 ↓ ₹6741 |
Analyzing the Impact of Investing in Force Motors
Force Motors Shares price in the year 2006 was ₹403.55. If you had invested ₹10,000 in Force Motors Shares in 2006, in 18 years, your investment would have grown to ₹1.71 Lakh by the end of 2024. This represents a positive return of 1614.7% from 2006 to 2024, with a compound annual growth rate (CAGR) of 17.1%.
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Also Read: Polycab India Year Wise Share Price History From IPO to 2024
Force Motors Share Returns In Last 5 Years
- Its highest share price in the last 5 years was: ₹6,999 and lowest was: ₹580
- Force Motors Shares price in 2019 was ₹1,084.9
- By 2024, its share price rose to ₹6,920
- It gave a positive return of over 537% with a CAGR of 44.8% over the last 5 years
- If you had invested ₹10,000 in Force Motors in 2019 then in 5 years, your investment would have grown to ₹63,784 by 2024, which is 6.37 times of your initial investment.
Force Motors Share Returns In Last 10 Years
- Its highest share price in the last 10 years was: ₹6,999 and lowest was: ₹281.64
- Force Motors Shares price in 2014 was ₹1,075.09
- By 2024, its share price rose to ₹6,920
- It gave a positive return of over 543% with a CAGR of 20.4% over the last 10 years
- If you had invested ₹10,000 in Force Motors in 2014 then in 10 years, your investment would have grown to ₹64,366 by 2024, which is 6.43 times of your initial investment.
Force Motors Share Returns In Last 15 Years
- Its highest share price in the last 15 years was: ₹6,999 and lowest was: ₹54.5
- Force Motors Shares price in 2009 was ₹286.55
- By 2024, its share price rose to ₹6,920
- It gave a positive return of over 2314% with a CAGR of 23.6% over the last 15 years
- If you had invested ₹10,000 in Force Motors in 2009 then in 15 years, your investment would have grown to ₹2.41 Lakh by 2024, which is 24.14 times of your initial investment.
Force Motors Share VS FD (Normal) VS FD (Compounding)
You might wonder which option is better: shares, fixed deposits (FDs) or compounding FDs. Let’s compare them and see how they differ.
- Shares: Units of ownership in a company can benefit from its profits or losses.
- FDs: Deposits you make with a bank or a financial institution for a fixed time and at a fixed interest rate.
- Compounding FDs: Similar to FDs but with one difference: the interest is reinvested into the principal amount instead of being paid out.
If you invested ₹10,000 rupees each in these 3 options in :
Year | Force Motors Investment | FD Normal Investment | FD Compond Investment |
---|---|---|---|
2006 | ₹10,000 | ₹10,000 | ₹10,000 |
Then today, your investment would have become this much in each option: | |||
2024 | ₹1,69,928 | ₹20,800 | ₹28,543.39 |
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For more insights into Force Motors, explore these additional resources:-
Reference:
- Force Motors Ltd. Force Motors – About company
- Economic Times Force Motors company history
- Wikipedia Force Motors – Wiki