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FORCEMOT · Consumer Discretionary · 2026-08-21

Force Motors Ltd

Stage 4 · wk 8In scan: Breakout WatchMARKET: BULL RISING · 2026-08-21
₹17,770
-0.64% today
₹23,414 Cr · Large cap
About this companyConsumer Discretionary· Four Wheelers
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Force Motors Limited, an integrated automobile company, designs, develops, manufactures, and sells a range of automotive components, aggregates, and vehicles in India. The company provides passenger vehicles, ambulances, school buses, and delivery van; small commercial, light commercial, multi utility vehicles, special vehicles, and spare parts; special utility vehicles, which include off-roaders/recreation vehicles and military vehicles; and agricultural tractors. Its product portfolio consists of urbania, a ground-up modular monocoque van platform for shared urban mobility; traveller, a platform that caters to passenger transport, cargo delivery, ambulances, and school buses; monobus; trax, a rugged utility vehicle platform for rural and last mile transport; special application vehicles; gurkha off-road vehicle; and electric vehicles. In addition, the company offers shared mobility solutions, commercial fleets, specialized transport, and defense solutions. It exports its products to various countries in the Middle East, Asia, Latin America, and Africa. The company was incorporated in 1958 and is based in Pune, India. Force Motors Limited operates as a subsidiary of Jaya Hind Industries Pvt. Ltd.

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P/E (TTM)
19.2
Forward —
Earnings Growth (YoY)
-37.0%
Revenue +8.2%
ROE
+33.5%
Profit margin +13.4%
Dividend Yield
0.20%
P/B 6.4
vs 52W High
-31.1%
₹15,303 lo₹25,776 hi
31.1% below 52W high — ongoing decline
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 8
1w13w26w
Week 8 — established downtrend
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-9.2%
200 DMA: ₹19,573.1 · rising
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.40x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↗ ⇈
Accelerating · MA20 +1.2% vs MA50 -1.6% / 10d
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
Sector
Consumer Discretionary
↑ Building
Stage 2%
42.0%
20d Δ
+6.4pp
1M return
+6.2%
3M return
+13.2%
Sector Stage-2 % · last 20 days
Sector has 170 Stage 2 leaders. See Consumer Discretionary Stage 2 →
Industry
Four Wheelers
→ Flat
Stage 2%
0.0%
20d Δ
+0.0pp
1M return
+4.4%
3M return
+7.1%
Industry Stage-2 % · last 20 days
Price + Volume Chart
Loading price chart…
Stage Cycle Timeline2023-03-24 → 2026-08-21
S2 24w
S2 21w
S3 15w
S4 18w
S2 26w
S2 19w
2023-03-242026-08-21
S1S2S3S4Setup score (0–10, dashed line at 5)
S3 2w → S4 5w → S1 3w → S2 24w → S3 13w → S2 21w → S3 15w → S4 18w → S1 5w → S2 26w → S3 10w → S2 19w → S3 8w → S4 8w current
Total tracked: 177 weeks across 14 stage runs.
1M
+2.1%
3M
-10.6%
6M
-27.7%
YTD
-6.2%
1Y
-11.2%
Scan Membership
Breakout Watch
Latest: 2025-12-26
3 appearances in last 60 days. First seen: 2024-02-21.
Stocks that stay in the scan for 13+ weeks are in the highest observed-return cohort — they keep qualifying because the structure remains intact, not by luck. Persistence in the scan is itself a quality signal.
Recent Stage Timeline
2026-08-21S4
Wk 8 · Vol x
2026-08-20S4
Wk 8 · Vol x
2026-08-19S4
Wk 8 · Vol x
2026-08-18S4
Wk 8 · Vol x
2026-08-17S4
Wk 7 · Vol x
2026-08-14S4
Wk 7 · Vol x
2026-08-13S4
Wk 7 · Vol x
2026-08-12S4
Wk 7 · Vol x
2026-08-11S4
Wk 7 · Vol x
2026-08-10S4
Wk 6 · Vol x
2026-08-07S4
Wk 6 · Vol x
2026-08-06S4
Wk 6 · Vol x
Sector Peers — Stage 2All →
RBA
wk 9 · -2.0% from hi
9.4
EMIL
wk 8 · -3.6% from hi
9.2
MOTHERSON
wk 12 · -0.6% from hi
8.9
PRICOLLTD
wk 4 · -1.2% from hi
8.8
SUNDRMFAST
wk 4 · -1.1% from hi
8.8
Moving averages & range
50 DMA
₹18,203.9
200 DMA
₹19,573.1
52W High
₹25,776
52W Low
₹15,303
5D Low
₹17,770
Resistance levels (recent highs)
20d High
₹19,269
60d High
₹19,473
120d High
₹25,457
250d High
₹25,776
Next resistance
+8.4%
to 20d High

All analytics based on EOD data. Data as of 2026-08-21. Past data patterns are not indicative of future results. This page is a data analytics tool only.