Nibe Limited inaugurates new production facility at its plant in Pune

Nibe Limited has inaugurated its new production facility at its plant in Pune. This new plant which houses state of art technology and infrastructure will be used to produce a wide array of equipment covering diverse metallurgy in the field of land, aerospace and maritime applications, including bridges, shelters, armoured vehicles, artillery ammunition, small arms and engineering systems and subsystems.

The inauguration ceremony was graced by esteemed presence of Chief Guest Shri Ajay Bhatt, Minister of State for Defence of India, Admiral Radhakrishnan Hari Kumar, Chief of Naval Staff and Shri Uday Samant, Minister for Industries, Maharashtra.

Shares of NIBE Ltd was last trading in BSE at Rs. 1204.10 as compared to the previous close of Rs. 1225.15. The total number of shares traded during the day was 29357 in over 1039 trades.

The stock hit an intraday high of Rs. 1248.00 and intraday low of 1190.00. The net turnover during the day was Rs. 35744192.00.

Source : Equity Bulls

Keywords

NIBE INE149O01018 NewProductionFacility Pune