Defence Company Signs LOI with HBE for Defence and Aerospace JV also Partners with Sig Sauer for Weapons Manufacturing in India – Stock Hits Upper Circuit Today! Defence Company Signs LOI with HBE for Defence and Aerospace JV also Partners with Sig Sauer for Weapons Manufacturing in India – Stock Hits Upper Circuit Today! The company’s shares have delivered a multibagger of around 275 per cent to its shareholders in just 1 year. Rakesh Deshmukh / Wednesday, November 6, 2024 / Article rating: 4.5 The company’s promoters increased their stake in the company in the September quarter of FY25.