India's NIBE jumps on defense pact with Elbit Systems
28/07/2025 06:10
** Shares of NIBE NIBE.NS jump 4% to 1,7127.8 rupees, eyes a 4-day rally ** NIBE, engaged in fabricating and machining of defence components, enters a technology collaboration agreement with Israel-based Elbit Systems ** Partnership will enable the manufacturing and supply of a defense system ** Stock up ~8.7% since listing on Feb 2025 (Reporting by Yagnoseni Das in Bengaluru) ((Yagnoseni.Das@thomsonreuters.com;))
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