NIBE Ltd commences commercial production

NIBE Ltd has commenced the commercial production at its State of Art 12 Mtr. VMC Machine of Zayer Spain with latest siemens control 840D and universal head accuracy of 1*360-degree and position accuracy within 7 microns. This machine is capable of machining of critical large size components like missile launcher, sub frames and launching platforms.

Shares of NIBE Ltd was last trading in BSE at Rs. 523.00 as compared to the previous close of Rs. 520.05. The total number of shares traded during the day was 35419 in over 440 trades.

The stock hit an intraday high of Rs. 543.95 and intraday low of 507.20. The net turnover during the day was Rs. 18538869.00.

Source : Equity Bulls

Keywords

NIBE INE149O01018 CommercialProduction