New Delhi, April 1 -- Shares of Force Motors have been on a tear, surging over 35% in the past month alone. The rally isn't just market exuberance-it's backed by a string of major order wins, ambitious expansion plans, and a remarkable financial turnaround.

Notably, the multibagger stock has delivered a staggering 1,100% gain over the past five years. And with strong fundamentals driving momentum, the rally may still have room to run.

The light commercial vehicle (LCV) manufacturer recently secured a contract to supply 2,978 Force Gurkha light vehicles to the Indian Defence Forces, marking its foray into the defence sector. Before that, it bagged an order for 2,429 ambulances for Uttar Pradesh's Medical Health and Family Welfare Departm...