Global Defence Industries Ltd. Stock Analysis 512091.BO

Nibe Ordnance & Maritime Ltd. engages in the business of manufacturing, sale, and trading of gold jewelry and diamonds. The company is headquartered in Mumbai, Maharashtra and currently employs 14 full-time employees. The company went IPO on 2011-07-04. The firm specializes in the production of critical systems for both naval and ground forces. The firm is focused on ammunition manufacturing, shipyard support, and defense engineering. The company operates through three divisions: Munitions (GML), Maritime (NMPL), and Shell Forging Division (GFL). Its GML division specializes in the production of high-caliber artillery and tank ammunition, propellants and explosive filling solutions. The firm's GFL division delivers large-caliber ammunition components with advanced forging capabilities. The firm's NMPL division delivers shipbuilding, submarine, ship repairs, refits, and dismantling solutions. Its products include fuzes, tail unit assembly, primers and cartridges, propellant, and military-grade explosive. Its subsidiaries include Global Munition Limited and Globe Forge Limited.