NIBE receives order worth ₹79.63 crore, hits 10% upper circuit

On Friday, shares of NIBE Ltd rose sharply to ₹1,938.85, hitting a 10% upper circuit limit from the previous close. This surge followed the company's announcement of receiving two purchase orders from a leading Infra and Defence company for FCR Trailers and Shelters, including surface treatment and air conditioning, totalling over ₹79.63 crore.