NIBE Limited Announces Successful Test Firing of SURYASTRA Universal Rocket Launcher System
NIBE Limited, a prominent Indian defence technology company, has successfully tested its SURYASTRA Universal Rocket Launcher System. The company announced the successful test firing of the system on May 19, 2026.The announcement follows the receipt of a purchase order in January 2026 from the Indian Army, under an Emergency Procurement mandate. The order was for the supply of the SURYASTRA Universal Rocket Launcher, along with rockets designed for 150 Km and 300 Km ranges.
The test firing of the SURYASTRA Universal Rocket Launcher system took place at ITR, Chandipur, Odisha, spanning May 18 and May 19, 2026. The trials validated the system's long-range precision strike capability, marking a significant milestone in indigenous rocket artillery development.
The tested rockets achieved exceptional precision across both ranges, with specific Center of Precision (CEP) measurements reported:
| Range | Center of Precision (CEP) |
|---|---|
| 150 Km | 1.5 meters |
| 300 Km | 2 meters |
The successful tests underscore NIBE Limited's contribution to enhancing India's defence readiness.
NIBE Limited is positioned as a leader in the development, manufacturing, and integration of sophisticated defence systems. The company maintains a strong focus on innovation, self-reliance, and adherence to the ‘make in India’ initiative, playing a vital role in India's defence capabilities and export potential.
NIBE Stock Price Movement
On Tuesday, NIBE Limited shares rallied by 3.73%, closing at ₹1108.7 as the stock finished the day higher. The equity saw significant activity, trading on a volume of 146,577 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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