By Debdeep Gupta | 29 Jun, 2026
Nibe CEO Prakash Hari Khose steps down; stock slips nearly 3%
Shares of Nibe Ltd fell nearly 3% in morning trade on Monday after the defence and aerospace manufacturer announced the resignation of its Chief Executive Officer and Key Managerial Personnel, Prakash Hari Khose.The stock was trading at Rs 1,610, down 2.79%.In an exchange filing, the company said Khose resigned from the position due to personal reasons, with his resignation taking effect from the ...
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DEBT_FREE 2022-06-28 14:41:38
Company sales are growing CAGR of 40% and Net Profit margin of 18%. With this rate, Co can return a Net Profit of 26 Cr in FY23 and an EPS of 16 ( post Bonus equity) and PE of 17 on FY 23 earnings. Scope for share price increase.
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