Hot Pursuit
DEE Development Engineers Ltd. is currently trading at Rs 618.8, down 0.85%, while its stock price has fallen 6.69% over the last week.
DEE Development Engineers Limited announced that its wholly-owned subsidiary, DEE Fabricom India Private Limited, has received an email indicating intent for a supply order of Windmill towers from a domestic entity. The order, for Windmill Tower ENV 5 mw, is valued at approximately Rs 55 Crores (exclusive of GST) and is expected to be executed by August 2027. The company stated that it is unable to disclose the name of the customer due to commercial reasons, and confirmed that neither the promoter group nor any group companies have any interest in the awarding entity, and the order does not constitute a related party transaction.
Trading volume reached 1.74 lakh shares today, a surge of 26.33% compared to the average volume over the last one week. DEE Development Engineers Ltd jumped by 128.80% year-over-year, outperforming the 9.98% loss recorded by the NIFTY50 index.