
Israeli Firm Places ₹150 Crore Order for Rocket Launchers from Indian Defence Company
In a significant development for India’s defence export sector, Nibe Limited, a Pune-based defence engineering firm, has secured a substantial international order valued at ₹150.6 crore from a prominent Israel-based original equipment manufacturer (OEM). The announcement, made on May 26, 2025, led to a 5% surge in Nibe’s shares, hitting the upper circuit at ₹1,601.85…