Dee Development Engineers zooms on bagging purchase order worth $10 million
Dee Development Engineers is currently trading at Rs 320.45, up by 16.85 points or 5.55% from its previous closing of Rs 303.60 on the BSE.
The scrip opened at Rs 305.00 and has touched a high and low of Rs 322.10 and Rs 304.90 respectively. So far 13450 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 10 has touched a 52-week high of Rs 400.00 on 05-Jul-2024 and a 52-week low of Rs 166.60 on 18-Feb-2025.
Last one week high and low of the scrip stood at Rs 328.00 and Rs 283.40 respectively. The current market cap of the company is Rs 2151.62 crore.
The promoters holding in the company stood at 70.29%, while Institutions and Non-Institutions held 18.08% and 11.62% respectively.
Dee Development Engineers has bagged purchase order from international client worth $10 million for Piping Fabrication work with material basis. The nature of order is piping spool fabrication including, NDT, PWHT, Blasting & Painting, packing and transportation up FOB port. The said order is to be executed by February 28, 2026.
Dee Development Engineers is an engineering company providing specialized process piping solutions for industries such as oil and gas, power (including nuclear), chemicals and other process industries through engineering, procurement and manufacturing.
