SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

NIBE secures Rs 292.69 crore contract from Indian Army

03 Jan 2026 Evaluate

NIBE has entered into supply contract with Indian Army, Ministry of Defence, Government of India for manufacturing and supply of Ground Equipment, Accessories, ESP and Ammunition for Universal Rocket Launcher System capable of integrating multiple rocket types including rockets striking at long ranges of 150Km and 300Km for a total consideration of Rs 292.69 crore (inclusive of all taxes and duties).

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

1019.00 49.80 (5.14%)
13-Apr-2026 16:01 View Price Chart
Peers

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×