NIBE is currently trading at RS. 1636.80, rising by 15.90 points or 0.98% from its previous close of RS. 1620.90 on the BSE.
The stock opened at RS. 1621.85 and has touched an intraday high of RS. 1673.10 and a low of RS. 1620.90. So far, 3399 shares have changed hands on the counter.
Classified under BSE group 'B', the stock has a face value of RS. 10. It recorded a 52-week high of RS. 2220.00 on September 12, 2024, and a 52-week low of RS. 753.05 on March 19, 2025. Over the past week, the scrip's high and low stood at RS. 1797.00 and RS. 1607.15 respectively. The current market capitalization of the company is RS. 2373.57 crore.
As per the shareholding pattern, promoters hold 53.74% of the company, while institutions and non-institutions hold 8.41% and 37.85% respectively.
In a key development, NIBE has secured a purchase order worth $700,000 (approximately RS. 6.12 crore) from Elbit Systems Land — a leading Israel-based defence technology firm. The order pertains to the manufacturing and supply of GATR 70mm Guided Rocket (10km) parts, to be completed by September 2026.
NIBE, formerly known as Kavita Fabrics, manufactures synthetic fabrics such as semi-finished sarees and dress materials, catering to varied customer design requirements.