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NIBE Shares Rise 4.54% Amid Order for ₹23.33 Crore Armour Plate Supply
ByAinvest
Thursday, Jun 12, 2025 2:00 am ET1min read
NIBE shares rose 4.54% to an intraday high of ₹1,986 on Thursday, June 12, after securing an order worth ₹23.33 crore for supply of armour plat MIL12560. The company will execute the order in tranches by May 31, 2026. NIBE, an Indian defence technology company, is engaged in the development, manufacturing, and integration of sophisticated defence systems.
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