It is a pan-India player with an installed capacity of 30.5 MTPA distributed across regions, thereby insulating the company from any weakness in a particular region.Out of the total capacity, the company has 10 MTPA capacity in the southern region, 6.2 MTPA capacity in the eastern region, 6 MTPA capacity in the northern region, 4.5 MTPA capacity in the central region and 4 MTPA capacity in the western region.“Being a pan-Indian player, we expect the company to benefit from demand recovery in the sector. 16% of capacity),” said the ICICI Securities report.Force Motors is a renowned player among thr passenger carriers, multi-utility vehicles, small commercial vehicles and agricultural tractors. The share price shows all the personality traits of a primary bull market Price consolidation over the past year has helped work off the excess built in preceding rally. (Views and recommendations given in this section are ICICI Securities own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)

Source: Economic Times October 12, 2016 04:52 UTC