India's NIBE rises on securing $17.52 mln order from Israeli firm

About this update from Nibe Industrier Ab Class B

** Defence systems manufacturer NIBE NSE:NIBE climbs ~5% to 1,599.70 rupees ** Co secures $17.52 million order from a technology based company in Israel to manufacture and supply universal rocket launchers ** NIBE does not mention length of contract ** With session's gains, stock narrows 12-month decline to ~3.6%

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