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NIBE bags two purchase orders from Larsen & Toubro, BEML

02 Dec 2022 Evaluate

NIBE has received two purchase orders from Larsen & Toubro and Bharat Earth Movers (BEML) for a total consideration of Rs 21.33 crore. The company has received first order from Larsen & Toubro for Fabrication, Assembly and Integration of components for consideration of Rs 19.88 crore. The order is to be executed by September 30, 2023. The second order has been received from BEML for Supply of Track Width Mine Plough Fitment Kit for consideration of Rs 1.45 crore. The order is to be executed by May 10, 2023.

NIBE (Formerly known as Kavita fabrics) manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. These products are offered in various designs as per customer requirements.

NIBE Share Price

1053.55 5.30 (0.51%)
17-Apr-2026 16:59 View Price Chart
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