shares of force motors limited traded more than 5 percent lower in the morning trade on april 29 after the companys fourth quarter net profit slipped over 4 percent. the automobile majors net profit dipped 4.3 percent year-on-year (yoy) to rs 140.3 crore but revenue climbed 35 percent to rs 2,011.2 crore.
Price when posted : NSE: Rs. 9522.05
force motors has preponed the results one month before their usual time i.e may, it implies that some stock split or bonus is on the cards to be approved in the agm upcoming. this bill run proves my assumption of hypothesis.
Price when posted : NSE: Rs. 9536.45
Correct, in real term FM registered manifold increase in Q4 against the LY as LY there was exceptional income of 200 crore..
you are not comparing fm correctly. march 2023 np included exceptional gain of 208 cr and if you remove that march 2024 has witnessed manifold jump in np.
Price when posted : NSE: Rs. 9697.50
shares of force motors limited traded more than 5 percent lower in the morning trade on april 29 after the companys fourth quarter net profit slipped over 4 percent. the automobile majors net profit dipped 4.3 percent year-on-year (yoy) to rs 140.3 crore but revenue climbed 35 percent to rs 2,011.2 crore.
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