DEE Development Engineers Limited, a leading name in the engineering and manufacturing sector, has recently announced the receipt of a significant Letter of Intent (LoI) from a prominent domestic customer. While the name of the customer remains undisclosed due to commercial confidentiality, the contract underscores the company’s growing reputation in the industry.
The newly secured contract involves the manufacturing and supply of fittings for a thermal power plant, with an estimated value of approximately Rs. 27 crores. The project is slated for completion by November 2025, reflecting the company’s capability to handle large-scale, long-term projects.
In the meantime, Dee Development Engineers’ shares opened today at Rs 188.90, reaching a high of Rs 190.00 and a low of Rs 182.10 during the session. The stock has experienced significant volatility, with a 52-week high of Rs 400.00 and a low of Rs 167.00.
