Nibe India Share Price Hits 10% Upper Circuit Limit, After DRDO's Technology Transfer Agreement

On June 10, 2025, NIBE Ltd shares surged by 9.33%, hitting the upper circuit limit of ₹1,846.20, following a strong market response to the company’s recent technology transfer deal with DRDO. The stock opened at ₹1,732.35, touched a high of ₹1,846.20, and traded at a volume-weighted average price (VWAP) of ₹1,821.86.

Compared to the previous close of ₹1,678.40, this marks a sharp upward move. While the stock remains below its 52-week high of ₹2,245.40, it is significantly above the 52-week low of ₹753.05, indicating robust investor confidence and strong recent performance.

Strategic Partnership with DRDO

The company announced that it had signed a significant licensing agreement with DRDO’s Research & Development Establishment (Engineers), Pune.

Under this licensing agreement, Nibe Limited has secured exclusive rights to manufacture and sell the “Modular Bridging System”, a cutting-edge, mobile, mechanically launched bridge designed by DRDO.

This system, capable of rapid deployment, supports bridge spans from 14 meters to 46 meters, enabling efficient mobility for both tracked and wheeled vehicles.

The system is designed specifically for the Indian Armed Forces and other Government agencies, showcasing a high level of engineering innovation tailored to India’s dynamic defence needs.

Nibe’s Commitment to "Make in India" and "Atmanirbhar Bharat"

The deal reinforces Nibe’s active role in supporting the Indian government's flagship initiatives like “Make in India” and “Atmanirbhar Bharat”. With this technology transfer, Nibe will manufacture the bridging systems domestically, marking a significant move towards self-reliance in defence production.

The licensing terms grant Nibe Limited exclusive rights for 10 years within specified regions, including the Indian Armed Forces, bolstering its position as a key player in India’s defence manufacturing ecosystem.

Importance of Nibe’s Modular Bridging System

The Modular Bridging System is a state-of-the-art defence solution, integrating multi-disciplinary engineering designed to rapidly deploy critical infrastructure in conflict zones or natural disaster-struck areas. Its mechanical launch capability and versatility make it essential for enhancing military logistics and strategic mobility.

This system significantly enhances the country’s infrastructure readiness and emergency response capabilities—especially in challenging terrains where conventional mobility is hindered.

About Nibe Limited

Nibe Limited is a growing name in India’s defence technology space, specialising in the development, manufacturing, and integration of advanced defence systems. With an emphasis on innovation, indigenous development, and global collaboration, Nibe is contributing to India’s evolving defence and export capabilities.

Read More: Best Defence Sector Mutual Funds In June 2025.

Conclusion

The licensing agreement with DRDO marks a transformative milestone for Nibe India. By acquiring the rights to manufacture and supply the Modular Bridging System, the company not only strengthens its strategic defence portfolio but also takes a giant leap forward in contributing to India’s goal of becoming a self-reliant defence powerhouse.

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