India's NIBE on winning 168 mln-rupee order from L&T

Nibe

12/05/2023 08:10

** Shares of NIBE Ltd  NIBE.BO  rise 5% to 377.50 rupees
    ** Co bags order worth 168 mln rupees from Larsen & Toubro
Ltd (L&T)  LART.NS 
    ** Order pertains to manufacturing of bridge centre module
structure used in construction
    ** Trading volume is ~30,600 shares as of 12:38 p.m. IST,
twice the 30-day avg - Refinitiv data
    ** Including session's gains, stock down 5.6% YTD

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))