Force Motors Share Price:  Automobile company Force has received a big order from the UP government. The company said in an exchange filing on December 2 that it has received a big order of 2429 ambulances from the Medical Health and Family Welfare Department of UP. All these ambulances will be with BS-6 diesel engines. After this news came, there was a rush among investors to buy Force Motors shares on Friday. As a result, the price of the company's shares rose to an intraday high of Rs 7639.70. Let us tell you that after receiving the order from the UP government, the company's shares are seeing a rise for the second consecutive day today. On Thursday also, the company's shares had reached an intraday high of Rs 7256 with a rapid rise of 9.46%.

The share price rose to Rs 7639.70

The company's shares, which closed at Rs 7244.20 on Thursday, opened with a decline at Rs 7206.85 today. But within no time, strong buying started in the shares and its price climbed to Rs 7639.70. However, this rise did not last long. As soon as the price rose, investors started selling shares for profit booking, due to which its price suddenly came down rapidly. By 12.02 pm, the company's shares were trading at Rs 7456.65 with a rise of Rs 212.45 (2.93%).

Force Motors share price is well below its 52 week high

Let us tell you that the price of Force Motors shares is still much below its 52 week high. The 52 week high of Force Motors shares is Rs 10,272.65, while its 52 week low is Rs 3333.00. According to BSE data, the current market cap of the company is Rs 9718.18 crore. According to BSE, Force Motors shares have risen by 12.93 percent in the last 1 week, 6.78 percent in the last 1 month, 1.14 percent in the last 3 months. But, if we talk about the last 6 months, it has declined by 16.81 percent.