Force Motors zoom up over 16%
By
Research Desk
about 9 years ago
Force Motors is a big gainer today in an otherwise lackluster market. With volumes jumping over 12 times, the stock is currently up 16% at Rs.1319 with an intra day high at Rs.1342.25.
The stock is zooming up on news that Bayersiche Motoren Werke or BMW as we recognize, will source auto components from Force Motors. This is BMWs effort to localize sourcing of major components such as engines and gear boxes from Force Motors.