15-Oct-2026      12:49

DEE Development Engineers Limited secures Rs 46 crore contract for module and piping fabrication for a US-based EPC company

DEE Development Engineers Ltd. shares decline 5.35% to Rs 580.50 today, continuing a recent downward trend that includes a 4.62% decrease over the last one week.

DEE Development Engineers Limited announced that it has secured secured contracts aggregating Rs 46 Crores, involving the manufacturing of modules and off-skid piping fabrication for an international EPC company based in the USA, with a delivery deadline of July 2027. The company disclosed this information on October 15, 2026, in compliance with SEBI Listing Regulations, noting that the customer’s name is being withheld for commercial reasons and that neither the promoter group nor any group companies have any interest in the awarding entity.

Trading volume reached 1.95 lakh shares today, a decrease of 14.49% from the one-week average. DEE Development Engineers Ltd soared by 114.33% year-over-year, outperforming the NIFTY50 index's 10.03% loss.

News source: Capital Market - Live News