Latest news with #UniversalRocketLaunchers
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)
Mint
25-05-2025
- Business
- Mint
15,000% in 5 years! Small-cap multibagger defence stock in focus after ₹150 crore order book update
Small-cap multibagger stock: Nibe Limited, an aerospace and defence equipment maker, on Saturday, 24 May 2025, announced that the company received a ₹ 150.62 crore ($17.52 million) export order from an Israel-based company. 'NIBE Limited is pleased to announce the receipt of a significant export Purchase Order valued at $17.52 million (approximately ₹ 150.62 crores) from a globally renowned leading technology-based company in Israel,' said the company in the BSE filing. As per the filing data, the company will manufacture and supply Universal Rocket Launchers, which are capable of reaching up to 300 kilometres and export to the global market. 'The Universal Rocket Launcher is among the most advanced in its class and is designed to outperform currently available global alternatives. This order not only marks a major step forward in NIBE Limited's international expansion but also strengthens India's strategic position in the field of modern warfare systems,' said the company in the BSE filing. The company also claimed that the manufacturing of the high-tech 'Universal Rocket Launcher' will be the first time it will be produced in India for the global market. Nibe shares closed 0.50 per cent higher at ₹ 1,525.60 after Friday's market session, compared to ₹ 1,517.95 at the previous stock market close. The company announced the order book update on Saturday, 24 May 2025. The defence sector stock has given investors more than 15,300 per cent returns in the last five years and 1.96 per cent in the last one-year period. However, on a year-to-date (YTD) basis, the shares have lost 8.69 per cent in 2025. The stock is trading 7.7 per cent higher in the last one-month period. Nibe shares hit their 52-week high level at ₹ 2,245.40 on 7 August 2024, while the 52-week low levels were at ₹ 753.05 on 19 March 2025, according to the data collected from the BSE website. The company's market capitalisation (M-Cap) was at ₹ 2,181.08 crore as of the stock market close on Friday, 23 May 2025. Read all stories by Anubhav Mukherjee
Mint
25-05-2025
- Business
- Mint
15,000% in 5 years! Small-cap multibagger defence stock in focus after ₹150 crore order book update
Small-cap multibagger stock: Nibe Limited, an aerospace and defence equipment maker, on Saturday, 24 May 2025, announced that the company received a ₹ 150.62 crore ($17.52 million) export order from an Israel-based company. 'NIBE Limited is pleased to announce the receipt of a significant export Purchase Order valued at $17.52 million (approximately ₹ 150.62 crores) from a globally renowned leading technology-based company in Israel,' said the company in the BSE filing. As per the filing data, the company will manufacture and supply Universal Rocket Launchers, which are capable of reaching up to 300 kilometres and export to the global market. 'The Universal Rocket Launcher is among the most advanced in its class and is designed to outperform currently available global alternatives. This order not only marks a major step forward in NIBE Limited's international expansion but also strengthens India's strategic position in the field of modern warfare systems,' said the company in the BSE filing. The company also claimed that the manufacturing of the high-tech 'Universal Rocket Launcher' will be the first time it will be produced in India for the global market. Nibe shares closed 0.50 per cent higher at ₹ 1,525.60 after Friday's market session, compared to ₹ 1,517.95 at the previous stock market close. The company announced the order book update on Saturday, 24 May 2025. The defence sector stock has given investors more than 15,300 per cent returns in the last five years and 1.96 per cent in the last one-year period. However, on a year-to-date (YTD) basis, the shares have lost 8.69 per cent in 2025. The stock is trading 7.7 per cent higher in the last one-month period. Nibe shares hit their 52-week high level at ₹ 2,245.40 on 7 August 2024, while the 52-week low levels were at ₹ 753.05 on 19 March 2025, according to the data collected from the BSE website. The company's market capitalisation (M-Cap) was at ₹ 2,181.08 crore as of the stock market close on Friday, 23 May 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
