Small-cap multibagger inventory: Nibe Restricted, an aerospace and defence gear maker, on Saturday, 24 Could 2025, introduced that the corporate acquired a ₹150.62 crore ($17.52 million) export order from an Israel-based firm.
“NIBE Restricted is happy to announce the receipt of a big export Buy Order valued at $17.52 million (roughly ₹150.62 crores) from a globally famend main technology-based firm in Israel,” mentioned the corporate within the BSE submitting.
As per the submitting knowledge, the corporate will manufacture and provide Common Rocket Launchers, that are able to reaching as much as 300 kilometres and export to the worldwide market.
“The Common Rocket Launcher is among the many most superior in its class and is designed to outperform at present obtainable international alternate options. This order not solely marks a serious step ahead in NIBE Restricted’s worldwide enlargement but additionally strengthens India’s strategic place within the subject of recent warfare methods,” mentioned the corporate within the BSE submitting.
The corporate additionally claimed that the manufacturing of the high-tech “Common Rocket Launcher” would be the first time it is going to be produced in India for the worldwide market.
Nibe Share Value
Nibe shares closed 0.50 per cent increased at ₹1,525.60 after Friday’s market session, in comparison with ₹1,517.95 on the earlier inventory market shut. The corporate introduced the order guide replace on Saturday, 24 Could 2025.
The defence sector inventory has given buyers greater than 15,300 per cent returns within the final 5 years and 1.96 per cent within the final one-year interval. Nonetheless, on a year-to-date (YTD) foundation, the shares have misplaced 8.69 per cent in 2025.
The inventory is buying and selling 7.7 per cent increased within the final one-month interval. Nibe shares hit their 52-week excessive degree at ₹2,245.40 on 7 August 2024, whereas the 52-week low ranges have been at ₹753.05 on 19 March 2025, in response to the info collected from the BSE web site.
The corporate’s market capitalisation (M-Cap) was at ₹2,181.08 crore as of the inventory market shut on Friday, 23 Could 2025.
Learn all tales by Anubhav Mukherjee
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