DEE Development Engineers Limited has secured first ever contracts for supply of seamless pipes which will be manufactured in its newly established forged seamless pipe plant situated at Anjar, Gujarat.
The customer is a joint venture of an Indian and a foreign conglomerate of Power Sector, however, name cannot be disclosed due to commercial reasons.
The values of contracts is INR 58 Crores.
Shares of Dee Development Engineers Limited was last trading in BSE at Rs. 303.00 as compared to the previous close of Rs. 299.15. The total number of shares traded during the day was 2700250 in over 22440 trades.
The stock hit an intraday high of Rs. 309.00 and intraday low of 284.80. The net turnover during the day was Rs. 809566831.00.