Nibe has entered in to supply contract with Indian Army, Ministry of Defence, Government of India for manufacturing and supply of thirty Sets of Loiter Munition System that consist of 300 Loiter Munitions and Associated Testing Equipment and Accessories under buy (Indian) category for a total consideration of Rs 563.35 crore (inclusive of all taxes and duties). The order will be executed and delivered in tranches within 12 months from date of release of advance payment post signing of contract.
The Company is engaged in the business of Fabrication and Machining of components used in Defence Sector.
| Company Name | CMP |
|---|---|
| Hindustan Aeronaut. | 4850.00 |
| Bharat Electronics | 405.20 |
| Astra Microwave Prod | 1727.85 |
| DCX Systems | 168.90 |
| Centrum Electronics | 3768.25 |
| View more.. | |
Start Research-backed Investing ...Now. Subscribe to Sapphire
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.
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.
MoneyWorks4Me ensures this through: