Nibe Defence And Aerospace Ltd receives orders worth Rs. 50.01 crores

Nibe Defence And Aerospace Ltd, Subsidiary of Nibe Limited has received Four Purchase Orders from a leading infra & Defence Company of India, for supply, assembling and integration of various electronics equipment viz.; various Drive units, Junction boxes, Amplifier units, DC units, Outrigger Control and Power Distribution Unit (OCPDU) and Power Distribution Unit (PDU-R P) etc. amounting to Rs. 50.01 cores (inclusive of all taxes and duties).

Shares of NIBE Ltd was last trading in BSE at Rs. 1849.85 as compared to the previous close of Rs. 1818.60. The total number of shares traded during the day was 27191 in over 1047 trades.

The stock hit an intraday high of Rs. 1869.00 and intraday low of 1810.00. The net turnover during the day was Rs. 49865545.00.

Source : Equity Bulls

Keywords

NIBE INE149O01018 NibeDefenceandAerospace OrderWin