Nibe Limited signs MOU with Munitions India Ltd

Nibe Limited has signed a Memorandum of Understanding (MOU) with Munitions India Limited (MIL) to develop new generation ammunition, upgrade the conventional ammunition and explore export opportunities for such products.

Shares of NIBE Ltd was last trading in BSE at Rs. 634.15 as compared to the previous close of Rs. 630.20. The total number of shares traded during the day was 13281 in over 384 trades.

The stock hit an intraday high of Rs. 648.30 and intraday low of 616.60. The net turnover during the day was Rs. 8393250.00.

Source : Equity Bulls

Keywords

NIBE INE149O01018 MOU Ammunition MunitionsIndia