Rs1,324 to Rs17,380: Multibagger Auto Stock Turns Rs1 Lakh Into Rs13.1 Lakh in Just 5 Years
India, Aug. 29 -- Listed below is one of the multibagger stocks in the automotive space that has created substantial wealth for investors over the past five years. Force Motors Ltd, which develops and manufactures commercial and passenger vehicles, has delivered around 1,210 percent returns during this period, turning a Rs1 lakh investment in 2021 into nearly Rs13.1 lakh today.
With the market capitalization of Rs. 22,908 Crores, the shares of Force Motors Ltd were trading at around Rs. 17,380 per share which is 34 percent discount from its 52 week high of Rs.26,486 per share and is trading at a P/E of 20.8 whereas industry P/E stands at 49.1
On August 28, 2026, the shares of Force Motors Ltd traded at Rs. 17,380 per share, reflecting a...
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