Shares of the corporate have gained greater than 15 per cent within the final six months.

Nibe Restricted knowledgeable within the trade submitting that it has obtained one buy order from Dymac World Restricted to fabricate and export gas storage tanks for a complete consideration of $ 75,245. The order is from a world entity and is to be executed by July 2023.

Nibe Ltd is within the enterprise of producing essential elements for defence, E-vehicles and software program growth. The corporate provides strategic merchandise & associated analysis development. The E-vehicles department offers within the design, growth, manufacturing & buying and selling of E-vehicles and delivers the best-in-class eco-friendly E-bikes. The plant manufactures a large spectrum of essential elements catering to the defence trade. BVM R & D Basis is accountable for the analysis and growth of superior lithium-ion battery packs and options.

On Friday, the inventory opened at Rs 355.50, with a excessive and low of Rs 370.70 and Rs 351.00. The inventory closed buying and selling at Rs 362.90, up by 2.78 per cent. The inventory has a 52-week excessive of Rs 564.90 and a 52-week low of Rs 46.45.

Within the final yr, the shares of the corporate have given greater than 600 per cent returns and on a YTD foundation, the inventory has declined by 10 per cent. The inventory has proven super progress and buyers ought to hold a detailed eye on this inventory.

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