New Delhi, March 13 -- At a time when global markets are grappling with escalating geopolitical tensions, a player engaged in the business of process piping solutions quietly surged on Dalal Street. This is Dee Development Engineers.

The small-cap stock has climbed nearly 50% year-to-date (YTD) till March 11, 2026, and about 65% since the end of January. On the other hand, the benchmark NSE Nifty 50 index is down 10% YTD.

Market watchers believe that a robust order book supported Dee Development Engineers in the recent past. The order book of the company increased by 45% month-on-month to Rs.1,913 crore in February from nearly Rs.1,320 crore a month ago. A couple of other factors, such as robust profit growth, better capacity utilisatio...