Bengaluru, June 11 -- The shares of this leading critical components for Defence, E-Vehicles and Software Development manufacturer are in focus after it announced that it had bagged an order worth Rs 23 crore.

With a market capitalisation of Rs 2,716 crores, the shares of NIBE Ltd closed at Rs 1899.70 per share, down by 15.4 percent from its 52-week high of Rs 2,245.40 per share. Over the last five years, the stock has delivered a multibagger return of 19,031 percent.

On Wednesday, the company, through a stock exchange filing, announced that it has secured a Purchase order worth Rs 23.33 crore (inclusive of all taxes) from a leading Infra and Defence Company (name not disclosed). The scope of the order includes the Supply of Armor Plate...