NIBE's subsidiary receives order worth Rs. 307.76 crores

Karmayogi Manufacturing Private Limited, a Subsidiary of NIBE Ltd has received Purchase Order from Ordefence Systems Limited for assemblies, sub-assemblies and supply of 12 kits of small arms for a total consideration of Rs. 307,76,34,875/- (Rupees Three Hundred Seven Crore Seventy-Six Lakh Thirty-Four Thousand Eight Hundred Seventy-Five Only) (inclusive of all taxes and duties).

Shares of NIBE Ltd was last trading in BSE at Rs. 1447.00 as compared to the previous close of Rs. 1432.45. The total number of shares traded during the day was 18089 in over 1462 trades.

The stock hit an intraday high of Rs. 1487.00 and intraday low of 1375.00. The net turnover during the day was Rs. 25714027.00.

Source : Equity Bulls

Keywords

NIBE INE149O01018 KarmayogiManufacturing OrderWin