Force Motors zooms on talk of BMW outsourcing components
Shares of Force Motors gained on media reports that Bayerische Motoren Werke will source auto components from it
 "Force Motors zooms on talk of BMW outsourcing components")
Shares of Force Motors were up 13% at Rs 1,287 on media reports that Germany-based global auto major Bayerische Motoren Werke AG(BMW) will source auto components from the Pune-based company.
According to media reports, in an effort to localise manufacturing BMW plans to source major auto components such as engines and gear boxes from Force Motors.
The stock opened at Rs 1,147 and touched a high of Rs 1,342. At 11:15AM, over 600,000 shares were traded on the Bombay Stock Exchange.