Multibagger defence stock in focus as company receives orders of Rs 20.57 crore from One of the Leading Infra and Defence Company

NIBE Limited, a prominent Indian Defence technology firm specialising in advanced defence systems, has secured purchase orders worth Rs 20.57 crore from One of the Leading Infra and Defence Company. This significant domestic contract involves the manufacturing and supply of multiple Structures, specifically the Hull Engine Deck and Turret Structure Assembly. The execution of these orders is scheduled to be delivered in tranches by August 2026. This development underscores NIBE Limited's role in strengthening India's defence manufacturing ecosystem through the provision of critical structural components.

Earlier, the company received Purchase orders amounting to Rs 29.22 crore from one of the leading Infra and Defence Company for the supply of Construction details trackway (which includes cutting, bending, pre-machining and fabrication) and breech casing (which includes fabrication, machining and heat treatment).  

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 100x, an ROE of 14 per cent and an ROCE of 16 per cent. The stock is up by 91 per cent from its 52-week low of Rs 753.05 per share and has given multibagger returns of over 11,000 per cent in 5 years.

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