Nibe Share Price ππ°
1. Nibe Limited, a defense company, has witnessed a significant surge in its share price over the past six months. The share price has increased by more than 100% during this period.
2. On Friday, the share price of Nibe Limited rose by 5%. At the close of the market, the shares were trading at INR 758.50 on the BSE, marking a significant increase from INR 722.40.
3. The reason behind the rise in Nibe’s share price is the company’s announcement of the commencement of production of multi-purpose defense machines. These machines are crucial components for defense, space, and other missions.
4. Over the past month, the share price of Nibe Limited has increased by 3.38%. In the last six months, the defense sector has delivered a remarkable return of 107%.
5. Investors who have held Nibe shares in their stock portfolios throughout the year have enjoyed a return of 57%.
6. The most fascinating aspect is that the share price of Nibe Limited has increased by over 12,000% since five years ago. In July 2019, the share price was a mere INR 6, and it has now soared to around INR 722.
7. This remarkable growth means that a INR 100,000 investment in Nibe shares in July 2019 would now be worth INR 1 crore.
8. The 52-week high for Nibe’s share price is INR 767.90, while the 52-week low is INR 312.30. The market capitalization of the company stands at INR 948.67 crore.
9. In 2014, Nibe Limited issued a bonus of 2 shares for every 1 share held by investors. Additionally, in 2023, investors received a dividend of 10 paise per share.
10. With its consistent growth and promising developments, Nibe Limited continues to attract investors and make headlines in the stock market.
Investors are eagerly watching the rise of Nibe’s share price as the company ventures into the production of defense machinery. With its strong performance in the defense sector and significant returns for investors, Nibe Limited is undoubtedly a stock to keep an eye on. ππΌπ°
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
