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NIBE touches roof on inking pact with Hewlett Packard Enterprise India
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NIBE is currently trading at upper limit of Rs. 548.65, up by 10.75 points or 2.00% from its previous closing of Rs. 537.90 on the BSE.
The scrip opened at Rs. 548.65 and has touched a high and low of Rs. 548.65 and Rs. 548.65 respectively. So far 11547 shares were traded on the counter.
The BSE group 'XT' stock of face value Rs. 10 has touched a 52 week high of Rs. 564.90 on 25-Jan-2023 and a 52 week low of Rs. 275.00 on 16-Dec-2022.
Last one week high and low of the scrip stood at Rs. 548.65 and Rs. 505.00 respectively. The current market cap of the company is Rs. 650.67 crore.
The promoters holding in the company stood at 55.32%, while Institutions and Non-Institutions held 3.27% and 41.41% respectively.
NIBE has entered into a Collaboration Agreement with Hewlett Packard Enterprise India for HPE Green Lag Cloud Services. Earlier, the company had received one purchase order from Dymac Global, to Manufacture and export of Fuel Storage Tanks for total consideration of $75,245 (inclusive of all taxes and duties).
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.
