DEE Development Engineers Soars 14% on ₹173 Crore Contract Wins

• DEE Development Engineers' shares jumped 14.6% to ₹265.45 after securing contracts worth ₹173 crore.
• The company received a ₹26 crore contract from BHEL for critical piping manufacturing, to be delivered within one year.
• Additional contracts include a ₹42 crore power sector joint venture deal and a ₹20 crore Indian power sector contract for piping solutions.
• Material subsidiary DEE Piping Systems (Thailand) secured a $9.5 million contract from a US-based OEM for HRSG piping and pipe fittings.
• DEE Development Engineers' market capitalization reached ₹1800 crore, with shares strengthening by 30% in one week.