16,000% multibagger returns: Defence company Secures USD 7,00,000 International Defence Order from Israel’s Elbit Systems

Nibe Limited announced today, August 2nd, 2025, that it has received a significant purchase order from Elbit Systems Land Ltd., a prominent global defense technology company based in Israel. The order, valued at USD 700,000, which is approximately Rs 6.12 crores, is for the manufacturing and supply of GATR 70mm Guided Rocket (10km) parts. This international order is expected to be executed by September 2026.

Eartlier, Nibe Limited, an Indian defence systems manufacturer, has signed a significant Technical Collaboration Agreement with Elbit Systems Land Limited, a leading Israeli defence technology company. This agreement marks a major step for Nibe Limited as it secures the license and technology transfer for Elbit's Precise & Universal Launch System (PULS). This includes an advanced artillery rocket system capable of precisely engaging targets up to a range of 300 km.

About the Company

NIBE Limited is a leading Indian defence technology company, specialising in the development, manufacturing, and integration of advanced defence systems. With a focus on innovation, self-reliance, and global collaboration, NIBE is playing a crucial role in bolstering India’s defence capabilities and expanding its export potential in the global market. As a cornerstone of India’s defence sector, NIBE is committed to delivering world-class solutions that address the evolving challenges of modern warfare.

The shares of the company have a PE of 86x, an ROE of 14 per cent and an ROCE of 16 per cent. The stock gave multibagger returns of 138 per cent from its 52-week low of Rs 753.05 per share and a whopping 16,915 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.