Force Motors' Stock Surges 7.15%, Outperforms Sector and Attracts 'Buy' Call from MarketsMOJO

Force Motors, a leading player in the auto-truck industry, has been making waves in the stock market with its recent performance. On July 30, 2024, the company's stock gained 7.15%, outperforming the sector by 3.3%. This positive trend has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

In the last three days, Force Motors' stock has been on a consecutive rise, with a 9.16% increase in returns. The stock also touched an intraday high of Rs 9050, showing a 3.34% increase. This is a clear indication of the company's strong performance and investor confidence.

Moreover, Force Motors is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This further reinforces the company's positive momentum and potential for growth.

In comparison to the Sensex, Force Motors has outperformed with a 1-day performance of 8.02% versus the Sensex's 0.47%. In the last month, the company has also outperformed the Sensex with a 5.38% increase in returns compared to the Sensex's 3.42%.

With its strong performance and positive outlook, Force Motors is definitely a stock to watch out for in the midcap auto-truck industry. Investors can take advantage of this opportunity and consider adding Force Motors to their portfolio.