Duncan Engineering gains on incorporating wholly owned subsidiary in Saudi Arabia
Duncan Engineering is currently trading at Rs. 479.95, up by 6.00 points or 1.27% from its previous closing of Rs. 473.95 on the BSE.
The scrip opened at Rs. 479.95 and has touched a high and low of Rs. 479.95 and Rs. 479.95 respectively. So far 1 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 646.00 on 17-Dec-2024 and a 52 week low of Rs. 276.75 on 18-Feb-2025.
Last one week high and low of the scrip stood at Rs. 485.95 and Rs. 450.00 respectively. The current market cap of the company is Rs. 177.39 crore.
The promoters holding in the company stood at 74.56%, while Institutions and Non-Institutions held 0.06% and 25.38% respectively.
Duncan Engineering has incorporated a wholly owned subsidiary namely ‘DEL Arabia Company’ in Kingdom of Saudi Arabia (KSA) on December 11, 2025. DEL Arabia Company has been incorporated to carrying out the business activities of manufacturing to expand the company’s market, with a focus on Oil & Gas and related projects.
Duncan Engineering supplies automotive products to large tyre manufacturers like Apollo Tyres, MRF, CEAT, Goodyear and other Original Equipment customers.
