DEE Development Engineers shines as its arm bags LoI for supply of HRSG piping
The order is be executed by May 2027
DEE Development Engineers is currently trading at Rs. 273.20, up by 11.65 points or 4.45% from its previous closing of Rs. 261.55 on the BSE.
The scrip opened at Rs. 265.95 and has touched a high and low of Rs. 280.20 and Rs. 265.20 respectively. So far 427181 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 336.15 on 02-Jul-2025 and a 52 week low of Rs. 183.35 on 27-Jan-2026.
Last one week high and low of the scrip stood at Rs. 307.65 and Rs. 256.90 respectively. The current market cap of the company is Rs. 1894.70 crore.
The promoters holding in the company stood at 70.18%, while Institutions and Non-Institutions held 15.64% and 14.18 % respectively.
DEE Development Engineers’ material subsidiary -- M/s DEE Piping Systems (Thailand) Co., has received a Letter of Intent (LoI) for supply of HRSG piping for an International customer. The broad consideration or size of the order is around euro 1.9 million (equivalent to Rs 20 crore). The order is be executed by May 2027.
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.

