NIBE

** Shares of NIBE NIBE.NS jump 7.3% to 1,744.40 rupees

** Defence manufacturing firm, in technical collaboration with a foreign OEM, unveiled long range, 120mm, vehicle-mounted mortar and bomb system, which is named Garudastra

** Co says Garudastra system has precision strike capability with GPS and laser guidance

** YTD, NIBE up ~57%

(Reporting by Vijay Malkar)

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** Shares of NIBE NIBE.NS rise 4% to 1,528 rupees

** Defence systems and components maker allotted 320,000 shares at issue price of 1,258 rupees apiece to Eminence Global Fund PCC – Eubilia Capital Partners Fund I upon conversion of warrants

** Shares allotted upon receipt of balance 75% of the subscription amount for warrants, co said

** YTD, NIBE up ~38%

(Reporting by Vijay Malkar)

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May 29 (Reuters) - NIBE Ltd NIBE.NS:

• NIBE LTD - DIVIDEND 1.30 RUPEES PER SHARE

Source text: ID:nBSE4yQdvS

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May 4 (Reuters) - NIBE Ltd NIBE.NS:

• NIBE LTD - SPACE PRIVATE LIMITED RECEIVES 125.8 MILLION RUPEES AWARD FROM MSEDCL

Source text: ID:nNSE6YSmB7

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** Shares of India's NIBE NIBE.NS rise as much as 8.7% to 1,345 rupees, their highest point since October 17

** The aerospace and defence firm receives an order worth 2.93 billion rupees ($32.47 million) from the Indian Army

** The order will be executed and delivered in tranches within 12 months, says NIBE

** Trading volume is 281,694 shares, as of 11:06 a.m. IST vs 30-day avg of 38,605, data compiled by LSEG shows

($1 = 90.2425 Indian rupees)

(Reporting by Brijesh Patel and Hritam Mukherjee in Bengaluru)

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Dec 17 (Reuters) - NIBE Ltd NIBE.NS:

• TO CONSIDER FUND RAISING THROUGH ISSUANCE OF SECURITIES

Source text: ID:nBSE56yL64

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Oct 6 (Reuters) - NIBE Ltd NIBE.NS:

• RECEIVES PURCHASE ORDERS WORTH 205.7 MILLION RUPEES

Source text: ID:nBSE8QsSKC

Further company coverage: NIBE.NS

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** 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)

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** Shares of NIBE NIBE.NS jump as much as 5.4% to a record high of 2,001 rupees, stock last up 4.6%

** NIBE, engaged in fabricating and machining of defence components, wins 233.3 million-rupee ($2.7 million) order from infra and defence co for supply of armour plates

** The order will be executed in tranches by May 31, 2026, says NIBE

** Trading volume is 346,466 shares as of 11:28 a.m. IST, twice the 30-day average, data compiled by LSEG shows

($1 = 85.5100 Indian rupees)

(Reporting by Bharath Rajeswaran in Bengaluru)

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Jan 10 (Reuters) - NIBE Ltd NIBE.BO:

• NIBE - GRANTED MEGA PROJECT STATUS FOR MANUFACTURING FACILITY AT MIDC SHIRDI

• NIBE LTD - REVISED ESTIMATED COST OF PROJECT AT 8 BILLION RUPEES

Source text: ID:nBSE309rry

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Nov 6 (Reuters) - NIBE Ltd NIBE.BO:

• NIBE - EXECUTION OF LICENSING AGREEMENT FOR TRANSFER OF TECHNOLOGY

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** Shares of defense machinery components maker Nibe NIBE.BO rise 4.4% to 2117 rupees, set for best session in a week

** Co gets 'mega project' status from Maharashtra government to manufacture aircraft parts at MIDC, Shirdi; Project for proposed investment of 12 billion rupees ($143.3 mln)

** Under the status, govt. will allot 300 acres of land to co

** Stock has more than tripled this year, on track for sixth straight year of gains

($1 = 83.7170 Indian rupees)

(Reporting by Dimpal Gulwani in Bengaluru)

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NIBE Ltd NIBE.BO:

• NIBE LTD - MEGA PROJECT STATUS FOR PROPOSED MANUFACTURING FACILITIES AT MIDC, SHIRDI

• NIBE - 300 ACRES OF LAND WOULD ALSO BE MADE AVAILABLE TO CO BY MIDC, SHIRDI FOR PROJECT

• NIBE - MANUFACTURING FACILITY AT MIDC TO MANUFACTURE AIRCRAFT PARTS

• NIBE - PROPOSED INVESTMENT FOR PROJECT AT 12 BILLION RUPEES

Source text for Eikon: ID:nBSE9pxYKv

Further company coverage: NIBE.BO

Aug 23 (Reuters) - NIBE Ltd NIBE.BO:

• UNIT ENTERS INTO CONSORTIUM WITH A INDIAN COMPANY

• AIM TO ESTABISH INDIA'S SOVEREIGN EARTH OBSERVATION SATELLITE CONSTELLATION

Source text for Eikon: ID:nBSE49W8v0

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Aug 16 (Reuters) - NIBE Ltd NIBE.BO:

• GOT TWO PURCHASE ORDERS FOR A TOTAL CONSIDERATION OF 796.3 MILLION RUPEES

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** Shares of India's Nibe NIBE.BO up as much as 5% to hit session-high 1,575.60 rupees

** Weapon launcher maker reported Q4 consol net profit vs loss yr ago; revenue more than doubled

** Co also inked deal to provide equipment to Indian Navy

** Trading vols 7.6x 30-day avg

** YTD stock has surged 149% after a ~58% rise in 2023

(Reporting by Hritam Mukherjee in Bengaluru)

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May 21 (Reuters) - NIBE Ltd NIBE.BO:

• CO ENTERED INTO LICENSING AGREEMENT WITH DRDO

• AGREEMENT FOR TRANSFER OF TECHNOLOGY TO MANUFACTURE, SELL ANTI-TERRORIST VEHICLE IN INDIA

Source text for Eikon: ID:nBSE6FGS2z

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** Shares in Nibe NIBEb.ST rise 5%, having opened in the red, as optimistic outlook comments overshadow the Swedish heat pump maker's 70% slump in operating earnings

** Nibe expects demand to gradually improve in H2, and plans for its Climate Solutions business to be back at historical levels during 2025

** Kepler Cheuvreux says Q1 weakness was expected, but notes the company's positive commentary around the outlook

** The company also expands its cost savings programme

** Nibe's share fell more than 5% on Wednesday, ahead of the report, and are still down 15% YTD

($1 = 10.6730 Swedish crowns)

(Reporting by Greta Rosen Fondahn)

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April 22 (Reuters) - NIBE Ltd NIBE.BO:

• NIBE LTD - RESIGNATION OF CFO HEMANT DILIP WANI

• NIBE LTD - APPOINTED RAVI KUMAR PAREEK AS CFO

Source text for Eikon: ID:nBSE6LKS16

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** Goldman Sachs initiates Nibe NIBEb.ST with "sell" as it warns of continuous hurdles in the European market for the troubled Swedish heat pump maker

** Though challenged growth outlook in Europe has pushed consensus expectations downwards, GS views analysts' estimates on growth and outlook as still too high

** The broker forecasts 2024/25 sales 2/4% below consensus, citing its cautious outlook on Nibe's Element and Stoves businesses

** Nibe said in February it expected a weak first half of 2024 as a slowdown in the construction sector had weighed on demand for heat pumps

** GS sets TP at SEK 43, while Nibe shares slide 2.5% in morning trade on Tuesday to SEK 48 and are down 32% year to date

(Reporting by Boleslaw Lasocki)

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April 11 (Reuters) - NIBE Ltd NIBE.BO:

• RECEIVED PURCHASE ORDER FROM ORDEFENCE SYSTEMS

• RECEIVED PURCHASE ORDER WORTH 3.08 BILLION RUPEES

Source text for Eikon: ID:nBSE6RQtlm

Further company coverage: NIBE.BO

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March 18 (Reuters) - Larsen and Toubro Ltd LART.NS:

• NIBE LTD - RECEIVED PURCHASE ORDER FROM LARSEN AND TOUBRO

• NIBE LTD - RECEIVED PURCHASE ORDER WORTH 218.3 MILLION RUPEES

Source text for Eikon: ID:nBSE89LMnD

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Feb 29 (Reuters) - NIBE Ltd NIBE.BO:

• ENTERED INTO LICENSING AGREEMENT WITH DIRECTOR, VEHICLES RESEARCH AND DEVELOPMENT ESTABLISHMENT, AHMEDNAGAR

• LICENSING AGREEMENT FOR TRANSFER OF TECHNOLOGY OF EXPANDABLE MOBILE SHELTERS

Source text for Eikon: ID:nBSE6HpvBP

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Jan 16 (Reuters) - NIBE Ltd NIBE.BO:

• STATE GOVERNMENT OF MAHARASHTRA APPROVED ASSOCIATION OF CO AS KNOWLEDGE PARTNER FOR ORGANISING MAHARASHTRA DEFENCE EXPO-2024

Source text for Eikon: ID:nBSE6wt8YC

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Jan 8 (Reuters) - NIBE Ltd NIBE.BO:

• ACQUIRES 5% STAKE IN ANSHUNI COMMERCIALS

Source text for Eikon: ID:nBSE7J98wc

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Jan 5 (Reuters) - NIBE Ltd NIBE.BO:

• COMMENCED COMMERCIAL PRODUCTION OF 16 MTR. VMC MACHINE

Source text for Eikon: ID:nBSE4hf94m

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** Shares of weapon launchers maker NIBE Ltd NIBE.BO up 2.2% at 648 rupees

** Co signs memorandum of understanding with private firm Munitions India to develop ammunition

** Over 68,000 shares traded, 1.5x the 30-day avg volume

** Stock rose ~58% in 2023

(Reporting by Nandan Mandayam)

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Jan 1 (Reuters) - NIBE Ltd NIBE.BO:

• NIBE LTD - SIGNED A MEMORANDUM OF UNDERSTANDING WITH MUNITIONS INDIA LIMITED

• NIBE LTD - SIGNED MOU TO DEVELOP NEW GENERATION AMMUNITION, UPGRADE CONVENTIONAL AMMUNITION AND EXPLORE EXPORT OPPORTUNITIES

Source text for Eikon: ID:nBSE8q0xXc

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Nov 9 (Reuters) - NIBE Ltd NIBE.BO:

• NAMED BALAKRISHNAN SWAMY AS CEO

• SACHIN RAOSAHEB SHINDE RESIGNS AS CEO

• INDIA'S NIBE LTD SEPT-QUARTER CONSOL NET PROFIT 28.4 MILLION RUPEES VERSUS 11 MILLION RUPEES

• NIBE LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 411.8 MILLION RUPEES VERSUS 172.2 MILLION RUPEES

Source text for Eikon: ID:nBSE6gCHD

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Nov 1 (Reuters) - NIBE Ltd NIBE.BO:

• PURCHASE AGREEMENT FOR ACQUISITION OF 5% STAKE IN ANSHUNI COMMERCIALS

Source text for Eikon: ID:nBSE3zLwzr

Further company coverage: NIBE.BO

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