Force Motors Ltd closed at ₹17,565 on October 17, 2025, gaining about 5.67% over the previous day amid strong volume and broad sector momentum. The stock traded between a high of ₹17,830 and a low of ₹16,624 during the session. This rise extends a rebound from mid-October levels after multiple sessions of consolidation near ₹16,000.
The near-term structure appears bullish, with momentum indicators showing strength; RSI has climbed above the neutral 50 mark, reflecting renewed buyer interest. The next resistance levels are positioned around ₹17,950–₹18,200, while immediate support lies at ₹17,000 followed by ₹16,500. Sustained closes above ₹18,200 could lead to further upside toward ₹18,800–₹19,000.
Fundamentally, Force Motors maintains a market capitalization of about ₹23,100 crore with a trailing P/E around 26.7 and P/B near 7.0, implying continued valuation expansion supported by strong earnings growth. The broader uptrend from late August lows remains intact, and short-term dips toward support zones may attract buying interest if overall market sentiment stays favorable.
The near-term structure appears bullish, with momentum indicators showing strength; RSI has climbed above the neutral 50 mark, reflecting renewed buyer interest. The next resistance levels are positioned around ₹17,950–₹18,200, while immediate support lies at ₹17,000 followed by ₹16,500. Sustained closes above ₹18,200 could lead to further upside toward ₹18,800–₹19,000.
Fundamentally, Force Motors maintains a market capitalization of about ₹23,100 crore with a trailing P/E around 26.7 and P/B near 7.0, implying continued valuation expansion supported by strong earnings growth. The broader uptrend from late August lows remains intact, and short-term dips toward support zones may attract buying interest if overall market sentiment stays favorable.
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.