The Company has entered into supply contract with Indian Army, Ministry of Defence, Government of India for a total consideration of Rs. 292.69 Cr

Government or defence orderOrder above 5% of revenueBusiness Updates View source PDF Explain this filing

NIBE · price

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Price reactionminutes from the announcement price · days from the prior close

+3.6%Reaction day

₹1247.00

prior close

₹1286.80

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%+3.3% vs market

Aerospace & Defense peers, median of 22sector+2.3%+1.4% vs sector

On the reaction day the stock moved 3.3 pts more than Nifty Microcap 250 and 1.4 pts more than its Aerospace & Defense peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+3.5

10m

+1.5

15m

+2.0

30m

+0.9

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+3.6+0.3+3.3+2.3+1.4

Next day

+0.1-0.4+0.5+1.0-0.9

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15d

-17.6-8.0-9.6-0.8-16.8

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UpDownMarket · Nifty Microcap 250Sector · Aerospace & Defense peers, median of 22Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NIBE Limited has won a Rs. 292.69 crore supply contract from the Indian Army, Ministry of Defence, Government of India. The contract covers manufacturing and supply of ground equipment, accessories, ESP, and ammunition for a Universal Rocket Launcher System capable of striking targets at ranges of 150Km and 300Km. The order is domestic and will be executed in tranches over 12 months. The company must furnish a 10% performance-cum-warranty bank guarantee within 30 days of signing. No promoter group or related party has any interest in the awarding entity.

Likely market impact

This is a sizeable domestic defence order that materially strengthens NIBE Limited's order book and provides strong revenue visibility for the next 12 months. Given the scale relative to the company's size, it should positively drive earnings and reinforce its credentials as a defence equipment supplier to the Indian Army.