Multibagger defence stock Securing Rs 10.52 Crore Defence Order from Israel’s Elbit Systems Land Ltd
DSIJ Intelligence-2 / 09 Aug 2025/ Categories: Mindshare, Trending
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.
On Friday share price of Nibe Limited slipped 10 per cent to its intraday low. As of 3:32 pm IST, the stock price was trading at 1,436.40 per share, down by 9.92 per cent.
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Nibe Limited, announced on August 08, 2025, that it has received a substantial purchase order. This order was awarded by Elbit Systems Land Ltd, which is identified as a leading global Israel-based defence technology company. The contract is for the manufacturing and supply of a Ship-mounted universal rocket launcher mechanical kit and hydraulic kit.
The total consideration for this international order is USD 1,200,000, which approximately translates to Rs 10.52 crores. Nibe Limited is required to execute this order by September 2026. The company has clarified that the order was awarded by an international entity, and neither its promoters nor any promoter group or group companies have any interest in Elbit Systems Land Ltd.
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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.