NIBE gains on bagging two purchase orders from Goa Shipyard
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NIBE is currently trading at Rs. 402.00, up by 4.00 points or 1.01% from its previous closing of Rs. 398.00 on the BSE.
The scrip opened at Rs. 415.00 and has touched a high and low of Rs. 415.00 and Rs. 378.50 respectively. So far 18516 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 506.35 on 21-Sep-2022 and a 52 week low of Rs. 37.10 on 20-Dec-2021.
Last one week high and low of the scrip stood at Rs. 415.00 and Rs. 359.85 respectively. The current market cap of the company is Rs. 394.35 crore.
The promoters holding in the company stood at 62.97%, while Institutions and Non-Institutions held 0.91% and 36.12% respectively.
NIBE has received two purchase orders from Goa Shipyard for supply of MS & HTS Plates for a total consideration of Rs 11.88 crore. Purchase orders awarded on bidding for supply of materials. Orders are to be executed within two months from the date of purchase orders.
NIBE (Formerly known as Kavita fabrics) manufactures synthetic fabrics in the form of semi-finished sarees and dress materials. These products are offered in various designs as per customer requirements.
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