Support and Resistance Levels
Past performance
About Force Motors Ltd Force Motors Limited, originally established as Bajaj Tempo Limited in 1958, is a comprehensive automobile manufacturer specializing in the design and production of a wide range of vehicles and components. The company transitioned to its current name in 2005 and operates as a subsidiary of Jaya Hind Industries Private Limited, holding a 57.38% stake. With a rich history of collaborations, notably with Daimler Benz, MAN, and ZF, Force Motors has developed a diverse product line including Light Commercial Vehicles, Multi-Utility Vehicles, Sports Utility Vehicles, and tractors.
The company boasts advanced manufacturing facilities, prominently at locations such as Pithampur and Chennai, which cater to high-end clients like Mercedes-Benz and BMW. Force Motors has a strong focus on innovation, demonstrated by its development of Euro IV engines and advanced transmission systems. Recent ventures include a joint venture with Rolls-Royce's subsidiary, MTU Friedrichshafen GmbH, to produce engines and power systems. This strategic diversification positions Force Motors as a key player in both the automotive and power generation sectors.