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 stock opened at RS. 305.00 and recorded an intraday high of RS. 322.10 and a low of RS. 304.90. So far, 13,450 shares have been traded on the counter.
This BSE group 'B' stock, with a face value of RS. 10, has touched a 52-week high of RS. 400.00 on July 5, 2024, and a 52-week low of RS. 166.60 on February 18, 2025. In the past week, the stock’s high and low were RS. 328.00 and RS. 283.40, respectively. The company's current market capitalization stands at RS. 2151.62 crore.
The promoters hold a 70.29% stake in the company, while institutional investors hold 18.08% and non-institutional investors hold 11.62%.
In a positive development, Dee Development Engineers has secured a purchase order worth $10 million from an international client for piping fabrication work on a material basis. The scope of the order includes piping spool fabrication, NDT, PWHT, blasting & painting, packing, and transportation up to the FOB port. The project is scheduled for completion by February 28, 2026.
Dee Development Engineers is a leading engineering company providing specialized process piping solutions to industries such as oil and gas, power (including nuclear), chemicals, and other process sectors through engineering, procurement, and manufacturing services.