Multibagger Defence Stock Bags New International Rocket Launcher Order of Rs 150-Crore from a Leading Global OEM Company based in Israel
The stock has give 1-year return of 0.84 per cent while since March 19, 2025 it has given multibagger returns of 100 per cent.
Nibe Limited, a prominent player in the Indian manufacturing and defence sector, has received a major international purchase order valued at approximately Rs 150.62 crore. The order comes from a leading global Original Equipment Manufacturer (OEM) based in Israel and involves the manufacturing and supply of Universal Rocket Launchers with a range of up to 300 km. Scheduled for execution by November 2027, this development marks a significant leap in Nibe’s global footprint and reinforces India’s role in international defence collaborations.
The announcement has stirred excitement in the Indian stock market. As of May 23, 2025, the stock price of Nibe Limited stands at Rs 1,525.6. It has touched a 52-week high of Rs 2,190.4 and a low of Rs 767.9. The stock has give 1-year return of 0.84 per cent while since March 19, 2025 it has given multibagger returns of 100 per cent.
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Founded in 2005, Nibe Limited operates across three key verticals—Defence, E-Vehicles, and Software Development. In the defence space, the company is engaged in the fabrication and machining of mobile weapon launchers and naval components. It also has a footprint in the electric mobility segment through the assembly of E-Bicycles, E-Rickshaws, and battery technologies. The company recently expanded its Pune facility, integrating advanced machinery for large component manufacturing, a move expected to improve future Quarterly Results.
The firm derives its revenue from manufactured goods (47 per cent), traded goods (25 per cent), and services (28 per cent), with a dominant domestic market share of 94 per cent. Strategic partnerships with companies like Hewlett Packard Enterprise India Pvt Ltd and Munition India Limited have added to its growth trajectory. The company's market capitalisation stands at Rs 2,212 crore, and it trades at a Price-Earnings (PE) Ratio of 75.54, reflective of high growth expectations. Satendrapal Singh Chhabra remains the top public shareholder with a 1.36 per cent stake.
With no promoter or related party involvement in the awarding entity, the contract demonstrates strong corporate governance and operational transparency. As defence contracts often lead to sustained revenues and capacity building, the order is likely to strengthen Nibe’s long-term fundamentals.
Disclaimer: The article is for informational purposes only and not investment advice.