New Delhi, Feb. 23 -- DEE Development share price rallied for the second session straight, rises 12.58% to Rs.259.50 apiece in Monday's trading session after the company announced that it's subsidiary company DEE Piping Systems has secured a new order from Bharat Heavy Electrical Limited (BHEL).

The stock opened at Rs.245.57 in the early morning session today, as compared to the previous close of Rs.230.51 on Friday. DEE Development shares closed 10% higher on Friday.

In an exchange filing, DEE Development said that its material subsidiary has secured a new contract from BHEL for the manufacturing and supply of Critical Piping solutions on a job work basis.

The total amount of the order aggregates to Rs.173 crore, as per the exchange f...