NIBE Limited has informed the Exchange about Bagging/Receiving of orders/contracts
NIBE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
NIBE Limited has received purchase orders valued at Rs. 29.22 crores (inclusive of all taxes) from a leading domestic Infra and Defence company. The orders are for the supply of constructional trackway (cutting, bending, pre-machining, and fabrication) and Breech Casing (fabrication, machining, and heat treatment), which are defence-related components. The orders are to be executed and delivered in tranches by December 2026. The order has been awarded by a domestic entity, and there is no related party interest involved.
This is a positive development as it adds Rs. 29.22 crores to the order book from a reputed defence customer, providing revenue visibility through 2026. The defence sector exposure diversifies the company's business and signals strengthening order inflow, which could be supportive of the stock price in the short term.