Small Cap Stock With Market Cap Of Rs 419 Cr Bags Order Worth USD 3.7 Lakh, Shares Rally

Small cap stock, NIBE Ltd obtained three purchase orders from Dymac Global Limited for manufacturing of Fuel storage tanks for a total consideration of USD 3,72,861. The order is expected to be executed on or before April 2023. It gave return of 100% in last 6-months, and 702% in last 1-year.

The small cap stock has a market capitalisation of Rs 419.98 crore. Last trading price of the stock is Rs 403.10 apiece. Check details below:

NIBE Ltd Bags Order Worth USD 3.7 Lakh

According to the BSE filing of the company, "Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("Listing Regulation"), please take note that the Company has received three purchase orders from Dymac Global Limited for manufacturing of Fuel storage tanks for a total consideration of $ 3,72,861/- ($ Three Lakhs Seventy-Two Thousand Eight Sixty-One only) (inclusive of all taxes and duties)."

2. NIBE Ltd Stock Performance & Return

The last trading price of the stock is Rs 403.10 apiece with intraday gain of 2.04%. The stock's 52-week high is Rs 564.90 apiece and 52-week low is Rs 41.65 apiece, respectively.

The zero-threat stock gave strong return of 100% in last 6-months, 702% in last 1-year, and 1983% in last 2-years. In last 3-years, the stock rallied 3209%.

3. About NIBE Ltd

Nibe Limited offers strategic products & related research advancement. The E-vehicles branch deals in the Design, Development, Manufacturing & Trading of E-vehicles and delivers the best in class eco-friendly E-bikes.

Electricals, the Hardware & Software Development branch is the collaboration of technology & passion that delivers innovative solutions. BVM R & D Foundation is responsible for the Research and Development of advanced Lithium-ion Battery packs and solutions. The plant manufactures a wide spectrum of Critical Components catering to the Defence industry.

Disclaimer

The stock gives details about order it has received today. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.