Force Motors share price today The morning deals skyrocketed by over 10 per cent after the auto major unveiled the new avatar of the Force Gurkha on social media platforms. Auto experts are of the opinion that the Gurkha 2021 variant of Force Motors will give tough competition to Mahindra Thar in the Indian auto market. Market observers believe that the current rise in the share price of Force Motors is entirely based on this new auto rivalry. He advised the stock market investors to maintain a strategy of ‘buying on dips’ in the counter for the short term target of ₹1750 per.
Speaking on the reason for the increase in the share price of Force Motors; Avinash Gorakshakar, Head of Research, Profitmart Securities, said, “This buzz in the shares of Force Motors is mainly due to the discussion of auto rivalry in the markets after the launch of Force Motors Gurkha on social media. In fact, the company also launched Here is the new website of Force Motors Gorkha where you can get complete information regarding Force Gurkha.Force Motors share price is in discussion today because waiting period in Mahindra Thar is 9 to 10 months and people are waiting in Force Gurkha because of this long wait. Can go. Period for Mahindra Thar.” However, Avinash Gorkhakar said that this increase in the share price of Force Motors is sentimental as it will depend on the booking status and the response of buyers to this new avatar of Force Motors Gorkha.
Echoing the thoughts of Avinash Gorakshakar; Sumeet Bagdia, Executive Director, Choice Broking said, “Buy on dips strategy should be maintained in this counter as the stock has strong support. ₹1425. The shares of Force Motors should continue to accumulate till ₹from 1650 ₹Target to maintain stop loss at 1750 ₹1425 per stock level.”
Pune-based automotive major Force Motors today revealed the final avatar of the all-new Gurkha 2021 on its social media platform. The brand new Force Gurkha web site – forcegurkha.co.in/ – is now live with its 360 degree panoramic views of the exterior and interior.
Speaking on Gurkha of Force Motors; Prasan Firodia, Managing Director, Force Motors said, “In line with the changing expectations and aspirations of the customers, we have designed and developed the all-new Gurkha on a ground up, modular architecture platform and we are confident that we are now able to appeal. Will enable a very wide audience who aspires to own a vehicle that is suitable for daily commute as well as adventure trips.”
Force Motors Gurkha 2021 is built on the ground up modular architecture platform, which gets a completely new wide and tall body, new interiors, new crash compliant, high strength C-in-C chassis, new coil spring suspension on all four wheels. – Tuned to achieve perfect balance and offer best in class ride quality on multiple surfaces like tarmac, rough rural roads and off road. The only carry over of the previous generation Gurkha is the Mercedes G-Wagen inspired look and attractive stance.
The Gurkha 2021 is the only vehicle in its class to feature full LED Force Pro Edge headlamps (pilot lamp, low-beam and high-beam), jewel-like, broken circle DRLs and fender mounted LED indicators for unmatched road presence, top-notch illumination and outstanding performance. provide. Visibility at night.
The all-new Gurkha will be available in five colors – Red, Orange, Green, Gray and White. Prices will be announced in the last week of September, after which dealers will start taking bookings. The vehicles are expected to reach the dealerships in the first week of October and the first deliveries to the customers are planned on the day of Dussehra.
Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.
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