New Delhi, March 28 -- Force Motors share price jumped over 7% in early trade on Friday after the company received a significant order from the Indian Defence Forces. Force Motors shares rallied as much as 7.5% to Rs.9,444.85 apiece on the BSE.

Force Motors announced that it has been declared as L1 vendor for the procurement of 2,978 units of Force Gurkha light vehicles by Indian Defence Forces.

While the company did not disclose the total value of the order, it said the time period by which the order is to be executed is maximum within 3 years in multiple tranches.

"These vehicles are tailored to meet the diverse operational requirements of both the Indian Army and the Indian Air Force, showcasing Force Motors' capability to deliver m...