Force Motors Share Price Hits 52-Week High as Stock Market Today Reacts to Veera Tanneries Deal

Market Performance

Force Motors share price grabbed market attention on Friday after touching a fresh 52-week high of ₹22,200 on the BSE. The move came amid rising investor interest following a key corporate development announced earlier in the day.

In early trade, the stock stayed firmly in the green.

• Force Motors share price: ₹21,849.95
• Intraday gain: ₹431.10
• Percentage rise: 2.01%
• Time: 09:29 hrs
• Exchange: BSE

The sharp move reflected strong sentiment around the stock, making Force Motors one of the notable gainers in the stock market today.

Main News: Force Motors Signs MoU for Veera Tanneries Acquisition

The rally in Force Motors share price followed the company’s decision to move towards full ownership of Veera Tanneries Private Limited (VTPL).

Force Motors, Veera Tanneries, and the existing shareholders of VTPL executed a Memorandum of Understanding (MoU) on Friday, February 6, 2026.

Key points of the deal:

• Acquisition: 100% equity stake in Veera Tanneries
• Total consideration: ₹175 crore
• Mode: MoU signed with VTPL and its shareholders

The announcement appears to have acted as a clear trigger for the stock, driving buying interest as soon as markets opened.

Company Financial Performance (Q3FY26)

Alongside the acquisition update, Force Motors’ latest quarterly numbers provided important context to the market move.

For the quarter ended December (Q3FY26), the company reported a sharp jump in profitability compared to the same period last year.

Key Financial Numbers

• Consolidated net profit:
  • ₹406.1 crore
  • Up 252% from ₹115.3 crore (Q3FY25)
• Revenue:
  • ₹2,128.6 crore
  • Year-on-year growth: 12.7%
  • Previous year: ₹1,889.5 crore

The quarterly performance was also influenced by exceptional items.

• Exceptional gains: ₹211.2 crore
• Year-ago quarter: Nil

These figures played a role in strengthening the overall narrative around Force Motors in the stock market today.

Sales Performance Snapshot

Operationally, the company reported steady movement in vehicle volumes during January.

January Sales Data

• Total sales:
  • 3,764 units
  • YoY growth: 4.6%
• Domestic sales:
  • 3,665 units
  • YoY increase: 4.92%
• Export sales:
  • 99 units
  • YoY decline: 4.81%
  • January last year: 104 units

While domestic volumes showed growth, exports saw a marginal dip on a year-on-year basis.

Force Motors Share Price: One-Year Market Trend

Zooming out, Force Motors share price has delivered a sharp rise over the past year.

• One-year gain: 230%

This long-term move has kept the stock firmly on the radar of market participants tracking mid-cap auto stocks in the stock market today.

Summary

Force Motors remained in focus after its share price touched a fresh 52-week high, driven by the announcement of an MoU to acquire 100% stake in Veera Tanneries for ₹175 crore. Early gains reflected positive market sentiment around the development.

Strong Q3FY26 financials, including a 252% jump in net profit and 12.7% revenue growth, added weight to the story. Steady domestic sales growth and a sharp one-year rise of 230% in Force Motors share price further shaped the market response.

As trading continues, Force Motors stands out as a stock that combined corporate action with solid recent numbers, keeping it firmly in focus in the stock market today.

Source: Moneycontrol