Nibe Ltd commissions 2nd VMC Machine at its Manufacturing facility

Nibe Ltd has commenced the commercial production of its State of Art and first in India 16 Mtr. VMC Machine of make Zayer, Spain equipped with the latest Siemens control system, 840D, with machine feature X-16 Mtr, Y-5.75 Mtr, Z-1.75 Mtr ensuring unparalleled precision and efficiency, Equipped with universal head 1x360 deg accuracy, position accuracy and repeatability within 7 microns.

This machine is capable of machining critical large size components like missile launcher, sub frames, launching platforms in Defence, Space and Aerospace Applications.

Shares of NIBE Ltd was last trading in BSE at Rs. 722.40 as compared to the previous close of Rs. 688.00. The total number of shares traded during the day was 104917 in over 699 trades.

The stock hit an intraday high of Rs. 722.40 and intraday low of 680.00. The net turnover during the day was Rs. 75248839.00.

Source : Equity Bulls

Keywords

NIBE INE149O01018 VMCMachine Commissioned ManufacturingFacility