DEE Development Engineers Ltd receives LoI from Indian PSU

DEE Development Engineers Limited has received a Letter of Intent from a Indian PSU in Power Sector ("the Customer") for supply of approximately 1900 MT of Critical Piping for two important Power Projects.

The value of various Orders in the LOI is approximately Rs. 170 Crores.

Shares of Dee Development Engineers Limited was last trading in BSE at Rs. 267.40 as compared to the previous close of Rs. 267.75. The total number of shares traded during the day was 17704 in over 576 trades.

The stock hit an intraday high of Rs. 282.15 and intraday low of 265.50. The net turnover during the day was Rs. 4766469.00.

Source : Equity Bulls

Keywords

DeeDevelopmentEngineers IndustrialProducts INE841L01016 OrderWin LoI PSU PowerSector