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

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

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Synopsis

BNP Paribas sold 65,610 Force Motors shares worth Rs 122 crore via a bulk deal at a 2% discount. Despite the sale, the stock remains a strong multibagger performer.

general Force Motors bulk deal: BNP Paribas sells shares worth Rs 122 crore in multibagger stockETMarkets.com
BNP Paribas offloaded Rs 122 crore worth Force Motors shares in a bulk deal at 2% discount, even as the stock boasts 167% yearly returns.

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.

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

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(What’s moving Sensex and Nifty Track latest market news, stock tips, Budget 2025, Share Market on Budget 2025 and expert advice, on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds .)

Subscribe to ET Prime and read the Economic Times ePaper Online.and Sensex Today.

Top Trending Stocks: SBI Share Price, Axis Bank Share Price, HDFC Bank Share Price, Infosys Share Price, Wipro Share Price, NTPC Share Price

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