Force Motors shares gain after domestic sales surge 62% in August

Force Motors shares rose nearly 3% on Tuesday, September 1, after the automaker reported a sharp increase in domestic vehicle sales for August.

The stock climbed as much as 2.96% to ₹18,044 after the company said domestic sales jumped 62.14% year on year to 3,721 vehicles, compared with 2,295 units in August 2025.

The figures include small commercial vehicles, light commercial vehicles, utility vehicles and sports utility vehicles.

Also read: TATA.CARS domestic sales rise 59% in August; EV sales nearly double

Domestic sales more than offset weaker exports

Exports, however, moved in the opposite direction.

Force Motors shipped 81 vehicles overseas during August, down 25% from 108 units a year earlier.

But exports account for a relatively small part of the company's volumes, meaning the decline did little to dent the strong growth at home.

Total sales, including domestic and export markets, rose 58.22% to 3,802 units from 2,403 units in August 2025.

Also read: Ashok Leyland August sales jump 38% ahead of estimates; stock falls 4%

Stock still down in 2026

Despite Tuesday's gains, Force Motors shares remain 13.69% lower so far this year.

The stock has gained 1.83% over the past week but is down 0.85% over one month, 6.10% over three months and 27.08% over six months.

The longer-term picture is markedly different. Force Motors shares have gained 113.10% over two years, 407.64% over three years and more than 1,200% over five years.

The stock eventually closed at ₹17,750, up 1.28% from its previous close.