Introduction
Leading defence manufacturer secured a ₹292.69 crore contract from the Indian Army to supply Universal Rocket Launcher Systems, including ground equipment, accessories, ESP, and ammunition, to be delivered within 12 months.
Also Read: MOIL raises manganese ore prices by up to 10%, cuts PMT rates; here’s detail
Share price movement of Nibe
On January 5, 2026, NIBE Ltd opened at ₹1,280.30, up 3.2% from its previous close of ₹1,240.25. The stock reached a high of ₹1,354.80 (9.3%) and a low of ₹1,280.00 (3.2%). By 12:01 PM, it traded at ₹1,298.95, a 4.73% increase, with a market cap of ₹1,883.64 crore.
Nibe Limited Secures ₹292.69 Crore Defence Contract
Nibe Limited has entered a supply contract with the Indian Army, Ministry of Defence, for manufacturing and supplying ground equipment, accessories, ESP, and ammunition for Universal Rocket Launcher Systems.
The contract covers rocket systems capable of firing multiple rocket types at ranges of 150 km and 300 km. The company will provide a 10% performance cum warranty bank guarantee.
The order is domestic and will be executed in tranches within 12 months. The total contract value is ₹292.69 crore, inclusive of all taxes and duties, as per SEBI disclosure requirements.
Stock performance of Nibe for Period of 1 week, 6 months, and 1 year
NIBE Ltd delivered a 10.4% return over the past week, it declined by 24.3% in the past six months. The stock fell 27.4% over the past year.
Also Read: BEL shares jump after bagging orders worth ₹569 Cr
Shareholding pattern of Nibe
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 54.90% | 53.70% | 53.10% |
| FII | 4.80% | 7.80% | 8.70% |
| DII | 0.70% | 0.60% | 0.50% |
| Public | 39.60% | 37.90% | 37.80% |
About Nibe
NIBE Ltd (NSE: NIBE), incorporated in 2005, manufactures critical components for Defence, electric vehicles, and software development, providing specialized products and solutions for high-technology applications across multiple industrial sectors.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is NIBE Ltd share price going up today?
A: NIBE Ltd share price rose after winning a ₹292.69 crore Indian Army contract for Universal Rocket Launcher Systems.
Q: What does NIBE Ltd specialize in?
A: NIBE Ltd specializes in manufacturing critical components for Defence, electric vehicles, and software development since its incorporation in 2005.
Q: What is the 52-week high and low of NIBE Ltd stock?
A: NIBE Ltd stock 52-week high is ₹2,000.55 and 52-week low is ₹753.05.
