Bengaluru, Aug. 8 -- Synopsis: Nibe Limited has secured purchase orders worth Rs.29.22 crore from a prominent domestic Infra and Defence company for supplying and fabricating constructional trackway details and breech casings.

The shares of the Defence company, specializing in the manufacturing of critical components for Defence, E-Vehicles, and Software Development, are in focus upon receiving a new work order from a leading domestic Infra and Defence company worth Rs. 29.22 crores.

With a market capitalization of Rs. 2,149.20 Crores on Friday, the shares of NIBE Limited declined by 7.3 percent after making a low of Rs. 1478.65 compared to its previous closing price of Rs. 1595.80.

NIBE Limited, engaged in the manufacturing of critica...