New Delhi, Feb. 5 -- Force Motors shares extended their winning run to a fourth straight day on Thursday, February 5, surging another 11% to hit the day's high of Rs.22,200 even as the broader Indian stock market traded with deeper cuts.

The auto stock crossed the Rs.22,000 mark for the first time today, triggered by the company's December-quarter performance released on Wednesday, which showed a robust 253% jump in consolidated net profit to Rs.406 crore. In the same period last year, the company had posted a net profit of Rs.115 crore. On a sequential basis as well, net profit improved by 16%.

This marked the third straight quarter of growth in net profit and the second-best quarterly net profit after the Rs.435 crore reported in Q4FY...