Author: Falguni Shukla. Introduction: It was incorporated in 1945 by late shri. N. K. Firodia, freedom Fighter and pioneering industrialist. Force Motors is a fully vertically integrated automobile company, with expertise in design, development, and manufacture of the full spectrum of automotive components, aggregates, and vehicles. Objectives: To calculate beta and its significance. Views &… Continue reading Title: Relationship of Force Motors with Nifty50.