Signals, Powered By EquityPandit
On December 31, 2022, the company plans to raise funds after the BOD considers and approves then NIBE hit an upper circuit of 5% to Rs 346.55.
The company will schedule a board meeting with its Board of Directors on Saturday, December 31, 2022, to consider and approve the proposal for fundraising by way of the issue of equity shares/convertible warrants and/or any other instruments through a preferential issue on a private placement basis.
- India’s Edible Oil Imports Fall 3% to 159.6 Lakh Tonnes in 2023-24
- Canada Ends Fast-Track Visa Program for International Students, Impacting Indian Students
- PM Modi Launches Rs 12,100 Cr Projects in Darbhanga, Including AIIMS Facility
- Hyundai Motor India Shares Slumped 5% on Weak Q2 Earnings
- Razorpay Launches Fund to Invest in Early-Stage B2B Startups
The company has to trade in electronic components, job work, fabrication materials relating to fabrication works and consultancy in a technical project and provider in the field of testing, supply, design, erection, and commissioning of Low voltage & Medium voltage lines, including substations on turnkey basis.
On a standalone basis, the company’s net profit has reported at Rs 1.09 crore on September 2022, compared to a net loss of Rs 1.15 crore on September 21. Net sales of Rs 17.22 crore in July-September of FY23, steeply higher than Rs 3.32 crore in July-September of FY22.
