Latest news with #Nibe
Business Upturn
13 hours ago
- Business
- Business Upturn
Nibe shares jump 4% after securing Technology Transfer License from DRDO
By Aman Shukla Published on June 10, 2025, 09:18 IST Nibe Ltd shares surged 4% on Tuesday after the company signed a Licensing Agreement with DRDO's Research & Development Establishment (Engineers), Pune. The agreement grants Nibe exclusive manufacturing and sales rights for the cutting-edge 'Modular Bridging System' developed by DRDO. As of 9:18 AM, the shares were trading 6.21% higher at Rs 1,786.20. The state-of-the-art system is designed for rapid deployment of mobile bridges ranging from 14 to 46 meters, capable of supporting tracked and wheeled military vehicles. This technology plays a critical role in enabling fast and secure mobility for the Indian Armed Forces in challenging terrains. As part of the deal, Nibe has been granted a 10-year license to manufacture and supply the Modular Bridging System within specified licensing regions. The company will have exclusive rights to supply the product to the Indian Armed Forces and other government agencies. This development aligns with the Government of India's 'Make in India' and 'Atmanirbhar Bharat' initiatives, highlighting Nibe's growing role in the defence manufacturing space. The company reaffirmed its commitment to high standards of quality and precision to support national security infrastructure. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
a day ago
- Business
- Business Standard
NIBE enters into licensing agreement with DRDO for modular bridging system
NIBE has entered into a Licensing Agreement with Research & Development Establishment (Engrs.) (R&DE(E)), Pune, Defence Research and Development Organisation (DRDO), India, Ministry of Defence, Government of India for Transfer of Technology of Modular Bridging System of various lengths from 14m to 46m. This significant milestone reinforces Nibe's commitment to the Government of India's "Make in India" and "Atmanirbhar Bharat" initiatives in the defence sector. The Modular Bridging System is a state-of-the-art, mechanically launched mobile bridge, developed by DRDO. It is a complex, multi-disciplinary engineering solution capable of rapidly deploying bridge up to spans of 46m to enable the crossing of tracked and wheeled vehicles. The system is specifically designed to address the dynamic requirements of the Indian Armed Forces and other Government agencies. Under the terms of the technology transfer, Nibe is licensed to manufacture this critical system in India and sell it within specified Licensing Regions for a period of 10 years. This includes exclusive rights to supply the system to the Indian Armed Forces and other Government agencies.
India.com
29-05-2025
- Business
- India.com
After Operation Sindoor, Indian company gets Rs 1500000000 contract from..., the company is...
During Operation Sindoor, weapons made by Indian companies outperformed Pakistan's, leaving even Turkish and Chinese arms far behind. The success of Indian-made weapons during this mission brought global attention to India's defence industry. Since then, countries around the world have started showing interest in Indian defence equipment. One such defence firms, Nibe Limited, has now received a major order from a leading company in Israel, known for its advanced technology. The deal is worth USD 17.52 million, which is around Rs. 150 crore. As part of the contract, Nibe Limited will manufacture and supply Universal Rocket Launchers that can strike targets up to 300 kilometers away. This is cutting-edge technology, and it's the first time India will be producing such advanced launchers for export. The company shared that this deal is a big boost for 'Make in India' and supports the vision of 'Aatmanirbhar Bharat' (self-reliant India). What is a Universal Rocket Launcher? Universal Rocket Launchers are some of the best in their category. They are even more advanced than many rocket launchers currently used around the world. With this new export order, Nibe Limited is expected to expand its business overseas. At the same time, India's position in the global defence sector will grow stronger, especially in terms of modern weapon systems. Nibe Limited is working in collaboration with international companies. Together, they are developing modern weapons both for India and for other countries. This not only boosts India's defence capabilities but also helps contribute to the global advanced military technologies. What does the company do? Nibe Limited is a major Indian defence company. It designs and builds modern systems for the military. The company focuses on innovation, self-reliance, and working in partnership with foreign companies. Nibe is playing a key role in strengthening India's defence and helping the country grow as a weapons exporter. India and Russia team up again India and Russia are coming together once more for a big project. The two countries had earlier developed the BrahMos missile together, which performed remarkably well during Operation Sindoor and in past conflicts with Pakistan. Now, they are planning to build an even more advanced version of the missile. According to reports, Russia will fully support India in building this upgraded missile version within the country. The newly built BrahMos factory in Uttar Pradesh will be the site where these advanced missiles are manufactured.
Economic Times
26-05-2025
- Business
- Economic Times
Nibe shares hit 5% upper circuit on securing Rs 151 crore defence order from Israeli OEM
Live Events Nibe technical indicators Nibe shares performance (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of defence engineering company Nibe Limited hit their 5% upper circuit at Rs 1,601.85 on the BSE on Monday after the firm announced an international order worth Rs 150.6 crore from a leading Israel-based original equipment manufacturer (OEM).The contract involves the manufacturing and supply of Universal Rocket Launchers with a range of up to 300 kilometres—an advanced system being produced in India for the first time for global it a landmark achievement, Nibe said the order underscores its commitment to the 'Atmanirbhar Bharat' and Make in India initiatives, aiming to deliver world-class defence technology from Indian Universal Rocket Launcher is positioned as one of the most advanced in its category, built to outperform current global alternatives. The deal also strengthens Nibe's presence in international markets while bolstering India's role in modern warfare collaborations with international defence leaders, Nibe continues to develop indigenous, high-impact solutions for both the Indian Armed Forces and overseas clients, aligning with national priorities and boosting global defence Limited is an Indian defence technology firm engaged in the development, manufacturing, and integration of advanced military systems. It plays a key role in enhancing India's defence capabilities and export potential through innovation and global Relative Strength Index (RSI) stands at 58.5, suggesting neutral momentum. The MACD is at 78.8, above both the centerline and signal line—a bullish stock is trading above its 20-day, 30-day, 50-day, 100-day, and 150-day simple moving averages (SMAs), but remains below the 5-day, 10-day, and 200-day SMAs. Nibe shares closed at Rs 1,525.6 on Friday, up 0.5% on the BSE, while the Sensex gained 0.95%. The stock has climbed 47% in the past three months and surged 3,029% over the last three years. Its current market capitalisation is Rs 2,181 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Time of India
26-05-2025
- Business
- Time of India
Nibe shares in focus after securing Rs 151 crore defence order from Israeli OEM
Nibe shares: The contract covers the production and supply of Universal Rocket Launchers with a range of up to 300 kilometres—an advanced system being manufactured in India for the first time for international use. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Nibe technical indicators Nibe shares performance Shares of defence engineering company Nibe Limited will be in focus on Monday after the firm announced an international order worth Rs 150.6 crore from a leading Israel-based original equipment manufacturer (OEM).The contract involves the manufacturing and supply of Universal Rocket Launchers with a range of up to 300 kilometres—an advanced system being produced in India for the first time for global it a landmark achievement, Nibe said the order underscores its commitment to the 'Atmanirbhar Bharat' and Make in India initiatives, aiming to deliver world-class defence technology from Indian Universal Rocket Launcher is positioned as one of the most advanced in its category, built to outperform current global alternatives. The deal also strengthens Nibe's presence in international markets while bolstering India's role in modern warfare collaborations with international defence leaders, Nibe continues to develop indigenous, high-impact solutions for both the Indian Armed Forces and overseas clients, aligning with national priorities and boosting global defence innovation. Nibe Limited is an Indian defence technology firm engaged in the development, manufacturing, and integration of advanced military systems. It plays a key role in enhancing India's defence capabilities and export potential through innovation and global Relative Strength Index (RSI) stands at 58.5, suggesting neutral momentum. The MACD is at 78.8, above both the centerline and signal line—a bullish stock is trading above its 20-day, 30-day, 50-day, 100-day, and 150-day simple moving averages (SMAs), but remains below the 5-day, 10-day, and 200-day shares closed at Rs 1,525.6 on Friday, up 0.5% on the BSE, while the Sensex gained 0.95%. The stock has climbed 47% in the past three months and surged 3,029% over the last three years. Its current market capitalisation is Rs 2,181 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
