Close 10 Sep 1505 scanned A
NIFTY 5023,477.80+0.20%
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INDIA VIX11.80-1.05%
MIDCAP 15022,904.25-0.38%
SMALLCAP 25018,433.40+0.01%
NEXT 5072,530.90-0.44%
BREADTH61%above 200-DMA
ADV / DEC558 / 939
NSE close 10 Sep

FORCEMOT

FORCE MOTORS LTD
Automobile and Auto ComponentsLarge capRs 23,955 crRs 91.1 cr traded a day
Close on 10 September 2026
18,175.00
+4.72%
52-week range27% of the way up
15,303.0025,776.00
Market cap
23,955 cr
P/E (TTM)
19.1×
industry 37×
EPS (TTM)
949.91
Revenue YoY
+6.2%
Q1 FY27
Profit YoY
+22.8%
Net margin
8.9%
+1.2pt vs a year ago
Growth trend
-2.0pt
vs last quarter’s YoY
1 month
-5.7%
Below 52w high
41.8%
RSI (14)
58
Daily swing
2.3%
average true range
Volume
3.2×
vs 20-day average
Traded
Rs 91 cr
median day
Close200-day averageMaterial filing
15,00020,00025,000Sep 25Nov 25Jan 26Mar 26May 26Jul 26Sep 26
260 sessions · hover for the filing behind a move

Key metrics

each ranked against every stock scanned tonight
Above the 200-day average
Below the median
-7.8%
One-year return
Around the median
-0.1%
Return on capital employed
n/a
Debt to equity
n/a
Profitable quarters, last four
of the last four reported
4 of 4
Cash conversion
cash from operations against reported profit
n/a
Revenue growth, year on year
latest reported quarter
+6.2%
Below the 52-week high
from the highest close of the year
-29.5%
1 week
+3.86%
1 month
−5.68%
3 months
−1.97%
6 months
−15.74%
1 year
−0.12%

The read

written from the numbers on this page
The evidence is mixed4 supporting, 3 against, 2 worth knowing

Supporting

  • matches macd just turned positive, which has beaten the market by +0.56 points over 20 sessions across 14,089 past signals
  • 2 of the scans it matches have a positive measured record
  • revenue grew 6% year on year in the quarter ending 30 June 2026
  • priced at 19× earnings against an industry median of 37× — 48% below its peers

Against

  • trading 8% below its 200-day average
  • down 0% over twelve months
  • net margin has narrowed from 16.8% to 8.9% across four quarters

Worth knowing

  • the 50-day and 200-day averages disagree, which usually means a turn in progress rather than a trend to lean on
  • the rise is short covering rather than fresh buying, which historically runs out when the shorts are done
What would change this read: a close back above 19,709, its 200-day average.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

from the filings and from the price, with the figure behind every line
Working3

Net profit rose 22.8% year on year, from Rs 176 cr to Rs 217 cr.

+22.8%Rs 176 crRs 217 cr

Profit grew faster than revenue, +22.8% against +6.2%.

+22.8%+6.2%

Net margin moved from 7.7% to 8.9%.

7.7%8.9%
Needs watching2

Trading 7.8% below its 200-day average.

-7.8%

29% below its 52-week high.

-29%
Every figure here is computed — from the company’s own filings, or from its own closing prices. Wording of 3 of these 3 filing lines was drafted by a language model, which is given the figures and may not introduce another — any sentence containing a number that did not come from the filings is discarded before it reaches this page.

How it has performed

price return over each window, beside the median NSE stock over the same days
this stockmedian NSE stock, same window+3.9%+4.6 pt vs market1W-5.7%-4.6 pt vs market1M-2.0%-4.6 pt vs market3M-15.7%-32.4 pt vs market6M-0.1%+3.1 pt vs market1Y

What the scans say today

2 of 47 matched on 10 Sep
FORCEMOT matches 2 of the 47 scans today, across 2 different kinds of evidence.

Valuation against its own history

404 sessions since 10 February 2025
17×
median 22×
29×
now 19×
FORCEMOT trades at 19× trailing earnings, below its median of 22× over this window — 11% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
09-01
12:52
Other filing
1 day+1.65 days+2.120 days
08-26
17:33
AGM / EGM
1 day-0.15 days+2.120 days
08-25
23:31
Other filing
1 day+0.05 days+2.520 days
08-25
23:26
AGM / EGM
1 day+0.05 days+2.520 days
08-25
23:16
Other filing
1 day+0.05 days+2.520 days
08-25
20:48
Dividend
1 day+0.05 days+2.520 days
Other filing filings were typically +0.01pt vs the market over the next 5 sessions (n=17,202) · AGM / EGM filings were typically +0.17pt vs the market over the next 5 sessions (n=8,423) · Dividend filings were typically +0.16pt vs the market over the next 5 sessions (n=940)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
1.9k1.9k2.4k2.3k2.1k2.1k2.5k2.4k7.0%6.1%19.1%8.9%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 6% against the same quarter a year earlier
  • profit rose 23% year on year

Going against it

  • net margin narrowed from 10.9% to 8.9%
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
30 Jun · consolidated
2,440288217164.368.9%
Q4 FY26
31 Mar · consolidated
2,550373279211.3710.9%
Q3 FY26
31 Dec · consolidated
2,129539406308.2219.1%
Q2 FY26
30 Sep · consolidated
2,081316351266.1416.8%
Q1 FY26
30 Jun · consolidated
2,297287176133.827.7%
Q4 FY25
31 Mar · consolidated
2,356663435329.9218.5%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+1.1%
Versus 200-day average-7.8%
Below 52-week high-29.5%
Above 52-week low+18.8%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)57.7
Higher closes in last 52 of 5
Six-month return−15.74%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)2.30%
Volume versus 20-day3.2x
Median daily turnoverRs 91.1 cr

Derivatives

near expiry 2026-09-29 · 2026-09-10
Short Covering
Price up, open interest down. Sellers are closing, not buyers arriving. Rallies built only on this tend not to last once the shorts are out.
Futures basis versus spot+0.34%
Open interest change-6.5%
Put / call ratio0.64
Put wall (support)17,000
Call wall (resistance)19,000
Max pain18,000
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Automobile and Auto Components · 48 classified companies
FORCEMOT trades at 19.1× trailing earnings against an industry median of 36.6× across 44 other classified companies in its industry — cheaper than them, by 48%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
MARUTI395,83027.6−9.26%−20.40%409.7
M&M349,21017.3−8.22%−12.86%564.0
BAJAJ-AUTO328,91628.5+0.58%+29.97%259.4
EICHERMOT211,28336.6−4.37%+10.81%274.9
TVSMOTOR195,81258.0−5.79%+16.90%255.7
HYUNDAI179,16536.2−1.56%−18.98%150.1
MOTHERSON172,24837.8−3.72%+48.43%170.8
BOSCHLTD143,88641.4+4.94%+23.26%145.6
TMPV110,73412.5−12.39%−57.56%242.3
HEROMOTOCO105,65319.3−10.43%−2.75%264.6
BHARATFORG93,471130.6−6.08%+55.64%200.3
FORCEMOT23,95519.1−5.68%−0.12%91.1
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
10 Sep1MACD just turned positive
9 Sep1MACD just turned negative
8 Sep1MACD just turned positive
4 Sep1Long tail above — rejected higher