Force Motors' scrip zoomed 20 per cent to end the day at Rs 1,363.90 -- its upper circuit limit at the BSE.
The company's market value rose by Rs 280.56 crore to Rs 1,777.56 crore following the rise in the stock.
On the volume front, 11.79 lakh shares of the company changed hands at the BSE during the day.
BMW is ramping up its localisation efforts in India with over 50 per cent of parts of its vehicles produced at Chennai plant to be sourced from here.
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